Asked by Osvaldo Munoz on May 03, 2024
Verified
A deed is not effective to transfer title to land until delivery.
Transfer Title
The process of legally transferring ownership of property from one party to another.
Land
Land refers to the surface of the earth, extending downward to the center of the earth and upward to the airspace above, including the natural resources and physical features associated with it.
Delivery
The act of transferring an item from one party to another, often implying the transfer of ownership or the fulfillment of an obligation.
- Comprehend the legal prerequisites and ramifications of title transfer in real estate, noting the essential need for the delivery of the deed.
Verified Answer
FG
Fernanda GarciaMay 05, 2024
Final Answer :
True
Explanation :
Delivery is a necessary element for the validity and effectiveness of a deed as it shows the intent of the grantor to transfer the property to the grantee. Without delivery, the deed is considered void and ineffective.
Learning Objectives
- Comprehend the legal prerequisites and ramifications of title transfer in real estate, noting the essential need for the delivery of the deed.