What is necessary for title to transfer in a deed?

Study for the Gold Coast Real estate Sales Associate Pre-License Test with multiple choice questions! Get hints and explanations for each question. Prepare for your exam with confidence!

For title to transfer in a deed, voluntary delivery and acceptance is essential. This process ensures that both the grantor (the person transferring the property) and the grantee (the person receiving the property) are in agreement about the transfer. The act of voluntary delivery signifies that the grantor intends to transfer ownership, while acceptance by the grantee signals that they have received the title and agree to the terms of the transfer.

When a deed is executed, it must be delivered to take effect, and it must be accepted by the grantee to establish the change of ownership. This mutual agreement is a fundamental principle in property law which upholds the validity of the transaction and ensures that the rights of both parties are recognized legally.

The other options do not fully encompass what is necessary for title transfer. For instance, while signing by the grantee is important in some contexts, it is primarily the grantor who must sign the deed for it to be legally effective. Witnessing by a notary public may be a requirement in some jurisdictions for added legal effect, but it is not universally necessary for title transfer. Lastly, while payment of taxes may be relevant to property ownership, it is not a direct requirement for the transfer of title itself.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy