Deeds...When Does Ownership Begin??? - Posted by Mark

Real Estate Investing
1

Posted by Brian_Wa on August 07, 2009 at 11:12:03:

I can imagine a case where the seller signed the deed, left it on his table, then the buyer/investor, using various creative methods, enter the seller’s house and “accepted” the deed without the seller’s knowledge.

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Deeds…When Does Ownership Begin??? - Posted by Mark

Posted by Mark on August 04, 2009 at 20:32:07:

Florida investors…A seller has signed over the WD, LPOA and etc. to me in front of a notary. Does ownership begin immediately even if I choose to wait to record? I understand recording right away so other liens, judgments dont get attached, but in the courts eyes does my ownership begin once the Warranty Deed is signed?

Thanks.

3

The correct answer is… - Posted by Rick, the Probate Guy

Posted by Rick, the Probate Guy on August 05, 2009 at 24:34:59:

when acceptance AND delivery occur.

Recording memorializes the transaction, provides constructive notice to the world and otherwise ‘perfects’ title as to the interest transferred.

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Re: Deeds…When Does Ownership Begin??? - Posted by Dave T

Posted by Dave T on August 04, 2009 at 23:05:38:

Your ownership began as soon as you accepted the deed.

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Re: The correct answer is… - Posted by Dave T

Posted by Dave T on August 05, 2009 at 24:49:08:

If the deed is accepted, wouldn’t it have been delivered? Can a deed be accepted but not delivered?