A grant deed is a legal document used in real estate transactions to transfer ownership of a property from one party to another. The grantor is the person transferring ownership, while the grantee is the person receiving ownership.
In a grant deed, the grantor guarantees that they have the legal right to transfer the property, that the property is free from any liens or encumbrances (unless specifically noted in the deed), and that they will defend the title against any claims made by others.
Grant deeds are typically recorded with the county recorder's office to provide public notice of the transfer of ownership and to establish a clear chain of title for the property. This helps prevent disputes over ownership in the future.
It is important to note that a grant deed is different from a warranty deed, which provides more extensive guarantees about the property's title and is commonly used in real estate transactions.
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