Business Hints for Men and Women by Alfred Rochefort Calhoun
page 14 of 204 (06%)
page 14 of 204 (06%)
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The grantee need not be twenty-one, nor of sound mind in order to make the terms of the deed binding on the grantor. In some states, if the grantor be a married man, his wife must sign the deed with him. This should be seen to, for without the wife's signature the grantee will not have a clear title, for the woman could still claim an interest in the property equal to her dower right. Also, if the grantor is a woman, her husband, for the reasons given, should join with her in the execution of the deed. The preparation of a deed should not be left to the unskilled. DIFFERENT DEEDS There are three kinds of deeds, viz.: General warranty deeds, special warranty deeds, and quit-claim deeds. The general warranty deed, if it can be had, is the one every purchaser should get. In the general warranty deed the grantor agrees for himself, "his heirs, executors, administrators, and assigns," that at the time of making the deed he is lawfully in possession, "seized" is the legal term, of the estate described in the deed, that it is free from all incumbrance, and that he will warrant and defend the grantee and his heirs and assigns against all claims whatsoever. |
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