Category : Real Estate Laws Dallas TX

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Transfer Process in Real Estate Transactions

Conveyance or transfer is the act of passing property to the new owner. The attorney involved in the transfer will draft a deed which conveys the real property. The deed contains the identity of the buyer (grantee), the seller (grantor), and a legal description of the land. The deed must be signed by the parties involved. Attorneys commonly draft a warranty deed to transfer the property. A warranty deed conveys property and promises to the buyer the seller holds a good and transferable title to the property. A general warranty deed often grantees the most protection because the grantor promises Read more