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7 terms

real estate law

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deed
a written formal written document that transfer title to real property from one party to another
signed
by a competent grantor
date
indicating the date of conveyance
words of conveyance
the grantor expresses his or her intetion to make a present conveyance of title to the property to the grantee
Legal description
An accurate description of the real property
consideration
a deed must include a performance of consideration
2 methods of payment
cash sale or financing