A Property Deed establishes the right to claim ownership of specific Property.
Property ownership changes include the transfer of a Property Deed from a seller (called the Grantor) to a buyer (called the Grantee).
Every state uses a few different types of Property Deeds but they all include some common information about the Property including:
There are a few different kinds of Property Deeds.
The different types are used to facilitate Property ownership transfer under the various conditions which may arise between a seller and a buyer.
Most, but not all, Property Deeds are recorded.
- A description of the Property described in a way that it cannot be confused with another Property
- The names of both the seller and buyer of the Property
- The official date of the Property transfer
An Easement on Property is an interest in the Property of another owner.
An Easement gives someone else other than the owner of the Property limited use of the Property.
An Easement is an Encumbrance on Property.
Easements are commonly used for rights of way and access to Property by utility companies.
An Easement does not grant any ownership interest of Property.