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Chapter 7 Deeds and Legal Descriptions Deeds –Written document that transfers title to real estate.

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Presentation on theme: "Chapter 7 Deeds and Legal Descriptions Deeds –Written document that transfers title to real estate."— Presentation transcript:

1 Chapter 7 Deeds and Legal Descriptions Deeds –Written document that transfers title to real estate

2 Chapter 7 Deeds and Legal Descriptions Necessary Elements of a Deed –Designation of the parties (Grantor/Grantee) –Consideration given by grantee ($10?) –Legal description –Specific interest conveyed (Fee Simple, etc.) –Signature of the grantor and witnesses

3 Chapter 7 Deeds and Legal Descriptions Additional Elements –Covenant against encumbrances (no liens other than those of record) –Covenant of seisin (seized in fee simple) –Covenant of quiet enjoyment (no claims) –Covenant of further assurances (corrections) –Warranty forever (defend transfer forever)

4 Chapter 7 Deeds and Legal Descriptions Types of Deeds (Degree of Protection) –General warranty deed (guarantee) –Special warranty deed (only during GO’s term) Grant deed (used in California) –Bargain and sale deed (implied title) –Quitclaim deed (releases implied claim) –Deed for special uses (executor’s deed)

5 Chapter 7 Deeds and Legal Descriptions Basic Units of Measure for Land –Distance Feet Miles – 1 mile = 5,280 feet Meters – 1 m = 3.28 feet Chains – 1 chain = 66 feet or 4 rods Rods – 1 rod = 16.5 feet

6 Chapter 7 Deeds and Legal Descriptions Basic Units of Measure for Land –Area Acres - 1 acre = 43,560 sq.ft. Square Feet – Common when under 5 acres Hectares – 1 Ha. = 2.471 Acres or 10,000 m 2

7 Chapter 7 Deeds and Legal Descriptions Legal Descriptions –Metes and bounds vDistances = metes vDirection or courses = bounds vPoint of Beginning for Defined Parcel

8 Chapter 7 Deeds and Legal Descriptions Rectangular Survey System –Origin (Post-Colonial Era) –Principal meridians (N/S) and base lines (E/W) –Monuments (Ellicot’s Stone) –Townships (N/S - baseline) –Ranges (E/W - meridia) –Sections (1 mile squared or 640 ac.) –Subdivision of a section (1/4 sec.) –Read backwards to find the location on a map

9 Chapter 7 Deeds and Legal Descriptions References to Plats –Lot –Block –Subdivision –Plat Book Location Reference


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