Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

deed

Read a random definition: exercitalis

A quick definition of deed:

A deed is a legal document that shows who owns a piece of property, like a house or land. It's important because it tells everyone that the new owner has the right to use and sell the property. The deed has to be written down and signed by the old owner and given to the new owner. There are different types of deeds, but the best one is called a warranty deed because it promises that the old owner really owns the property and that there are no problems with it. Other types of deeds don't promise as much, so it's important to be careful when buying property.

A more thorough explanation:

A deed is a legal document that transfers ownership of a property from one person to another. It is usually recorded in the local county clerk’s office to protect the new owner's title and ownership. A valid deed must be in writing and contain certain elements, including:

  • The names of the grantor and the grantee
  • Words of conveyance, such as “grant, convey, assign, transfer, and give”
  • The property’s legal description
  • An affidavit or statement of consideration
  • The grantor's signature and delivery to the grantee

There are different types of deeds, including:

  • Warranty Deed: Provides full warranties from the grantor to the grantee, including six traditional Covenants for Title:
    • Covenant of Seisin
    • Covenant of Right to Convey
    • Covenant Against Encumbrances
    • Covenant of Quiet Enjoyment
    • Covenant of Warranty
    • Covenant of Further Assurances
  • Special Warranty Deed: Warrants only against defects that occurred during the seller's ownership
  • Quitclaim Deed: Makes no warranties about the property's title

For example, if John sells his house to Jane using a warranty deed, John promises that he has good ownership of the property, has not contracted to sell it to anyone else, and that there are no encumbrances or liens on the property. John also promises to defend Jane against anyone who claims title to the property in the future. If John sells the property to Jane using a quitclaim deed, he makes no promises about the property's title and only transfers whatever interest he currently has in the property, if any.

deduction | deed in lieu of foreclosure

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
LSD+ is ad-free, with DMs, discounts, case briefs & more.