Real estate owners understand that having good title is very important when you plan to transfer property deeds.
Your property is considered to have good title when the title is clear of any liens or other encumbrances. This is also known as clear title.
Property Deed Transfers
Title is the legal right to property. Deeds are the vehicles through which a property transfer takes place. Each time a property is transferred, the deed should be publicly recorded in a timely manner.
Once the deed is prepared and appropriately signed, it should then be filed at the county recorder’s office. This may also be known as the register of deeds office. If the document is not validated legally, it may be considered void.
Filing or recording a deed is done in the county where the property is located. Most counties charge a recording fee of between approximately $10 and $30.
Keep in mind: Transferring title to property DOES NOT remove any liens on the property.
It is important to use the correct property deed when transferring property ownership. When you have a real estate attorney prepare your deed, you have the peace of mind knowing it will be done correctly.
NOTE: It is not advisable to transfer title to real estate to a minor. A person under the age of 18 will not be able to transfer title until they reach 18.
Most property title transfers require
- A written document specifying the transfer (deed).
- Property description such as an address.
- The name of the party transferring the property (owner/grantor) and the name of the party receiving the property (recipient/grantee).
- The document must be properly signed and acknowledged by a notary.
There are many property transfer deeds available. Not all deeds are appropriate for every situation. Yet all deeds are an important part of transferring real property ownership.
Some common deeds used to transfer a house are:
- Quit (Quit) Claim Deed
- General Warranty Deed
- Special Warranty Deed
- Life Estate Deed
- Lady Bird Deed
It is important to use the appropriate deed for your situation. Additionally, the use of precise language and exact legal descriptions prevent unintended and often costly mistakes later. Errors may be difficult to correct after the deed has been recorded.
Do you have questions about property title transfers? Call and speak directly with attorney Scott Steinbach. 972-960-1850
Do you already know which property deed you need to transfer your property? Have your deed prepared today by an attorney. Quick and easy. Most deeds are $195.
Texas Property Deeds is a service of The Steinbach Law Firm.
The Steinbach Law Firm prepares all documents for any real estate transaction in Texas.
R. Scott Steinbach is AV Preeminent rated by Martindale-Hubble. Peer rated for Highest Level of Professional Excellence.