Asked by WORST NIGHTMARE on Jul 20, 2024
Verified
To transfer the title to Olivia's warehouse to Pete by deed requires
A) Pete's signature.
B) Olivia's signature.
C) all of the choices.
D) the signatures of the building's tenants.
Warehouse
A large building where raw materials or manufactured goods are stored before their distribution for sale.
Title
Refers to the legal right to own, use, or sell a particular property or asset.
- Recognize and elucidate various categories of deeds and their consequences in real estate transactions.
Verified Answer
MA
madonna abenojaJul 25, 2024
Final Answer :
B
Explanation :
To transfer the title of a property, such as a warehouse, by deed, the signature required is that of the current owner, which in this case is Olivia. The deed is a document that conveys the ownership of the property from the seller (grantor) to the buyer (grantee), and it is the seller's responsibility to sign the deed to legally transfer the property title.
Learning Objectives
- Recognize and elucidate various categories of deeds and their consequences in real estate transactions.
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