Many people make the BIG mistake of going online and downloading free deeds and then fill them out without the help of an attorney. In Colorado, delivery and acceptance is assumed when a deed is acknowledged and recorded. The grantor (or grantors if there are more than one) must sign the deed for it to be considered valid.ħ) Delivery of grantor and acceptance by grantee. The property must be described using the same legal description as is found in prior deeds. There are not specific words that must be included, but a deed must in some way state the intent to transfer title. The grantor must be the name of the person who received the property (the grantee) on the previous deed.Īlthough it is not necessary for money to change hands for property to be conveyed from one party to another, the deed must state the consideration, or value, given for the real estate. To be valid, the deed must specifically name the person or entity conveying the interest in the property (the grantor). 38-30-113, a deed must contain, at a minimum, these seven elements to be considered valid:Ĭolorado requires that a deed must be in writing to be effective. Most commonly used to transfer real estate property, a deed officially acknowledges the new owner’s possession of that property. What is a deed?Ī deed is a legal document that allows an owner of property to transfer their right of ownership to another person. This blog will explain the basic elements of a deed, as well as five common real estate deeds in Colorado. Now, instead of dirt, legal documents called deeds are used to convey the title of real property from one person or entity to another.Ĭolorado recognizes several different types of deeds, which are used depending on what rights the seller can convey and the warranties that are included in the deed. Historically, when real property changed ownership, the seller brought the buyer a handful of dirt from the land to symbolize that the title was transferred.
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