Business Hints for Men and Women by Alfred Rochefort Calhoun
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page 16 of 204 (07%)
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where a "mark" is made.
An important part of a deed is the Acknowledgment. This is the act of acknowledging before a notary public, justice or other official properly qualified to administer an oath, that the signatures are genuine and made voluntarily. The acknowledgment having been taken, the official stamps the paper with his seal and signs it. In some states the law requires that a wax or paper seal be attached to the paper, while in others a circular scroll, made with the pen, with the letters "L.S." in the center answer the purpose. When the foregoing essentials are complied with the deed must be delivered to the grantee. The delivery is essential, for without it the deed is of no value, even though every other requisite be complied with. A deed may be made for land on which full payment has already been acknowledged, but if the grantor dies before the deed is delivered, then the deed has no legal value. A deed obtained by fraud, deceit or compulsion is void. RECORDING DEEDS As soon as possible after the grantee has received the deed, he should have it recorded. |
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