The Deed of Sale of Property is a fundamental document in U.S. real estate transactions, used whenever real property ownership is transferred. It must comply with state-specific requirements and may take different forms (warranty deed, quitclaim deed, etc.) depending on the level of title protection desired. The document includes essential elements such as proper party identification, accurate property description, consideration statement, and appropriate conveyance language. It must be properly executed, witnessed, and recorded to ensure legal validity and protect the parties' interests.
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1. Parties: Identification of grantor (seller) and grantee (buyer) with full legal names and addresses
2. Recitals: Background information establishing grantor's ownership and intent to transfer
3. Property Description: Detailed legal description of the property being conveyed
4. Consideration: Statement of the purchase price and payment terms
5. Conveyance Language: Formal words of conveyance transferring title from grantor to grantee
6. Warranties: Title warranties provided by the grantor
7. Execution: Signature blocks and notary acknowledgment
1. Reservations: Specific rights or interests in the property that the grantor wishes to retain after the sale
2. Exceptions: Specific exclusions or limitations to the title warranties and property rights being transferred
3. Special Conditions: Additional terms, conditions, or requirements specific to this property transfer
1. Schedule A - Property Survey: Detailed survey showing property boundaries and improvements
2. Schedule B - Title Report: Current title report showing chain of title and encumbrances
3. Schedule C - Property Disclosures: Required seller disclosures about property condition and known issues
4. Schedule D - Environmental Reports: Environmental assessments and related documentation regarding property conditions
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