A Deed is a written document that transfers title to real estate property. It can also be a recorded document to guarantee collateral for a mortgage. There are several types of deeds: a Grant or Warranty Deed, a Deed of Trust, a Gift Deed, a Quitclaim Deed, a Tax Deed–and others, used for specific circumstances.
When a borrower signs a promissory note, he is agreeing to pay the lender a specific amount of money according to certain conditions. In order for the lender to protect his interests, he will require that the borrower sign a … Continue reading →