Are you considering conveying a piece of property? Whether you are selling, transferring or leasing, it is important to understand the steps that must be taken in order to complete the conveyance process. This blog post will review each step in detail and provide tips for successfully completing the process. From determining the type of conveyance to obtaining a copy of the recorded document.
Determine the Type of Conveyance
The first step in the conveyance process is to determine the type of conveyance you are planning to use. There are a few different types of conveyances that can be used, such as a deed, quitclaim deed or special warranty deed. Each type of conveyance has different legal requirements and implications, so it is important to understand which one is best for your situation before proceeding.
Draft the Conveyance Document
Once you have determined the type of conveyance you want to use, the next step is to draft the document. This document should include all relevant information about the property being conveyed, such as its location, size, and any restrictions or covenants associated with it. You will also need to include information about both parties involved in the transaction, such as their names and addresses.
Have the Document Notarized
Before submitting your document for recording at your local county recorder's office, you will need to have it notarized by a notary public. Notaries are authorized by law to witness signatures on legal documents and verify that they are authentic and valid.
Submit for Recording
After having your document notarized, you can submit it for recording at your local county recorder's office. The clerk at this office will review your document and ensure that all necessary information has been included before officially recording it in their records books.
Pay Any Necessary Fees
When submitting your document for recording at the county recorder's office, you may need to pay certain fees associated with filing and processing paperwork related to real estate transactions.
Obtain a Copy of the Recorded Document
Once your document has been recorded by the county recorder's office, you should obtain a copy of the recorded version for yourself or other interested parties if applicable. This copy serves as official proof that ownership has been transferred between parties according to law and can be used in court if necessary.
The conveyance process is an important step in transferring ownership of property from one party to another. By understanding the six steps involved in this process, you can ensure that your transaction is completed efficiently and effectively. From determining the type of conveyance to obtaining a copy of the recorded document, these steps are essential for successfully completing your transaction.
Contact a local company to learn more about conveyancing.
