grant deed

     

A Grant Dee is used in some states and jurisdictions for the sale or other transfer of real property from one person or entity to another person or entity. Each party transferring an interest in the property, or "grantor", is required to sign it. Then the document must be "acknowledged" before a Notary public, sometimes called notarized, or other official authorized by law to administer oaths. The Notary Public or other official then places a seal and marks the document accordingly to show that it was properly signed and acknowledged. The reason the document must be notarized is to provide evidence that the document is genuine as transaction documents are sometimes forged. Some jurisdictions use the "Warranty Deed" (Warranty deed), to transfer real property instead of the Grant Deed. The "Quitclaim deed" is also sometimes used, although this document is most often used to "disclaim" having any interest in a property rather than selling a property that one owns.