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Real Estate Contracts >Signed Sealed and Delivered
Most people assume that when a real estate deed is signed, it is effective. However, there is one more essential part of the process. Even if a deed is properly executed, it is not effective until it has been delivered to and accepted by the buyer. This can sometimes create bizarre results. Here is an example.
An elderly man properly signed, sealed and acknowledged a deed to his nephew and placed it in an old tin box in his room, where it was discovered shortly after he died. The nephew lost a contest with other heirs over the property because the deed was not delivered, and therefore, was not effective at the time of the old man's death.
Until the deed is delivered, the title remains with the seller, who could change his mind at any time and destroy the deed. But once the deed has been properly delivered and accepted, the title passes and cannot be revoked. Thus the old, old saying: signed, sealed (and notarized) -- and delivered.
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Over what famous building is aircraft forbidden to fly at any time?
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No aircraft is permitted to fly over the Taj Mahal in India. |
 See More Real Estate Trivia > |
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Valerie Core, Associate Broker
Keepsake Realty LLC
532 W. Wulfenite Rd
Flagstaff, AZ 86001
Nick Keipert, Designated Broker
Cell: 928-607-4344
Fax: 928-779-0815
Office : 928-779-2197
Main Email: valeriecore@NUMBER1EXPERT.com
Capstone Email: vcore@capstonecos.com
Regardless of how many homes I sell I never cease to feel satisfaction of providing only the highest levels of service and integrity to my clients. I will work hard to find the home that fits your needs in everyway, as well as protecting your interests when you find it time to sell a property. The happiness of knowing that I am making the Real Estate Process an enjoyable one for my clients is obviously true source of my satisfaction that drove my decision to focus my energy in the Real Estate industry.   
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