Cumming, Alpharetta and Lake Lanier real estate and homes for sale in Georgia -
Mickey Hyams & Associates
- REALTOR®
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BUY OR SELL IN CUMMING, ALPHARETTA, FORSYTH COUNTY OR LAKE LANIER? WE CAN HELP!
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Real Estate Contracts >Signed Sealed and Delivered
Most people assume that when a real estate deed is signed, it is effective. However, there is one more essential part of the process. Even if a deed is properly executed, it is not effective until it has been delivered to and accepted by the buyer. This can sometimes create bizarre results. Here is an example.
An elderly man properly signed, sealed and acknowledged a deed to his nephew and placed it in an old tin box in his room, where it was discovered shortly after he died. The nephew lost a contest with other heirs over the property because the deed was not delivered, and therefore, was not effective at the time of the old man's death.
Until the deed is delivered, the title remains with the seller, who could change his mind at any time and destroy the deed. But once the deed has been properly delivered and accepted, the title passes and cannot be revoked. Thus the old, old saying: signed, sealed (and notarized) -- and delivered.
Mickey Hyams & Associates Real Estate Services Keller Williams Realty Community Partners 540 Lake Center Pkwy, Suite 201 Cumming, GA 30040 678-341-7474 Fax: 678-341-7392 Mickey@GetMickey.com
We are here to HELP YOU! We strive to give you the service you need wether you're Buying, Selling or Investing in real estate. Our mission is to do such a great job for you so that you will go tell someone else HOW GREAT it was to work with Mickey Hyams & Associates!
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Cumming, Alpharetta and Lake Lanier, Georgia