The Deed of Conveyance and Deed of Assignment is essential for property transactions in the United States where both property ownership and associated rights need to be transferred. This document is commonly used in real estate transactions involving complex property rights, such as commercial properties with existing leases, permits, or contracts that need to be transferred along with the property. It must comply with state-specific recording requirements and the Statute of Frauds, and typically requires notarization. The document serves as permanent evidence of the transfer and is recorded in public records.
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1. Parties: Identification of grantor and grantee with full legal names and addresses
2. Background: Statement of grantor's ownership and intention to convey
3. Definitions: Key terms used in the deed
4. Property Description: Legal description of the property being conveyed
5. Consideration: Statement of the value exchanged
6. Granting Clause: Formal words of conveyance
7. Warranties: Grantor's guarantees regarding the property
8. Execution: Signature blocks and notarization
1. Rights Reserved: Any rights retained by grantor - used when grantor wishes to retain certain rights in the property
2. Special Conditions: Any specific conditions attached to the conveyance - used when there are special requirements or restrictions
3. Environmental Provisions: Environmental warranties or disclaimers - used when environmental issues are present or need to be addressed
1. Schedule A: Detailed legal description of property
2. Schedule B: List of permitted exceptions to title
3. Schedule C: Property plans or surveys
4. Schedule D: List of assigned rights and obligations
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