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Transferring ownership of a house, vacant land, or any other piece of real estate is a complex process, requiring extensive paperwork to prevent fraud and ensure a claim to the property. Whether you’re selling a property, bequeathing real estate to an heir, or having a house involuntarily seized, you will need a clear title and valid deed to complete the proceedings. Learn more about the essentials of property transfer below to help prevent problems in transactions.

What Is a Title?

A title indicates that you are the owner of a property and therefore have the right to access the land whenever you wish. Depending on the circumstances, you may have a full title or only have an interest in the title, which is common with married couples.

What Is a Deed?

deedsA deed, on the other hand, is the legal instrument through which ownership of a property is transferred. To prevent fraud, a deed must always be printed and filed with the local courthouse to make the transfer of the property official.

What Does a Deed Contain?

To be considered valid, a deed must contain certain information, including a legal description of the property, the amount of consideration received in exchange, and information identifying the grantee, or person receiving the land. If there are any encumbrances or limitations on the use of the property, they must also be listed in the deed. Finally, your state laws may require acknowledgement that the transfer is voluntary, signed before a notary public, justice of the peace, or another official.

 

Whether you’re selling a property or are involved in a land dispute, the professionals at Hawaii Convey will guide you through the process and represent your interests at every step. They’ve been serving Honolulu residents for over 33 years, preparing deeds, reviewing contracts, and navigating complex transactions. Visit their website for an overview of their real estate law services, and call (808) 792-8777 today to schedule a consultation. You can also follow their Facebook for more helpful information.

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