What are the characteristics of a properly drafted deed?
What will be an ideal response?
A properly drafted deed:
1. Identifies the grantor (the person conveying the property) and the grantee (the person receiving the property)
2. Contains words that express the grantor's intent to convey the property
3. Identifies the type and percentage of ownership
4. States the price paid for the property, if any
5. Contains a legal description of the physical boundaries of the property (not the street address)
6. Specifies any easements or restrictions on use of the land
7. Identifies any warranties or promises made by the grantor in conjunction with the conveyance
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