Colorado conveyance of real property12/30/2023 ![]() ![]() To make a property transfer official, the grantor must sign the deed, and the deed must be delivered to and accepted by the grantee. It contains a legal description of the property and the names of the grantor and grantee. The deed, on the other hand, is a physical document that transfers ownership of property from the grantor to a grantee. Title is not a document-it is a legal right of ownership. Title refers to a property owner’s legal rights, such as the right of possession, the right of control, and the right of disposition. But a title and a deed are not the same thing. Both the deed and title to the property transfer from the grantor to the grantee when real estate is conveyed. Whether this last scenario is legally permissible depends on state laws that determine which party prevails when there are conflicting ownership claims to a property.Ī deed is a document that confers property ownership rights associated with title to a property. This could result in the property being sold out from under the original buyer who failed to record the deed. Even more problematic, an unrecorded deed may make it possible for the grantor to sell the property to a buyer and subsequently sell the same property to a different buyer. They may be unable to obtain a mortgage, insure the property, or sell it. Not recording a deed can cause problems for the grantee. Recording the deed gives the public notice that the grantee now legally owns the property. Typically, a deed is recorded with the local county recorder of deeds. In many cases, this transfer occurs due to the property being sold, with the seller transferring the property to the buyer. A deed is a legal document used to transfer real property ownership rights from one person or entity (the grantor) to another (the grantee). ![]()
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