House Ownership Proof Home House Deed Document
Deeds reflect ownership in real estate including land and buildings while titles reflect ownership in a vehicle like a car truck trailer mobile home.
House ownership proof home house deed document. And in some cases an impartial witness needs to be present who can confirm that a deed has been signed. Examples of documents that prove land ownership include property deeds mortgage notes deeds of trust and satisfaction of mortgage letters. We purchased a house in september 2011 in minnesota. My fiancée s great grandmother is the one who took out the loan on our house but we only wanted her to co sign for us.
When a property is purchased it leaves a paper trail of recorded documents such as deeds at various places including the county recorder s office. The sale deed might be in favour of the developer or in the form of a memorandum of understanding mou between the developer and the original land owner. These are essentially a series of legal documents transferring ownership. The general warranty deed is the standard instrument for home sales.
Deeds should be recorded with the county where the property is located. It has to be filed with some recording agency a county clerk recorder or register of deeds and will have a notation that it s subject to a. A house deed on the other hand provides proof of property ownership. Your notarized warranty deed is proof of ownership and that the grantor transferred complete and clear title to you.
Titles and deeds must be signed by a notary public to legally ensure that the document is valid. I have a little bit of a unique situation here. You ll get a deed or title for your house when you close the purchase but unless you paid cash you ll have a mortgage or loan. A quitclaim deed also proves full land ownership if the person who conveyed the interest to you had full ownership.
And you prove mr a was entitled to sell by having a document transferring ownership from mr b to mr a. However this document only proves that you owned the house at some point in time it isn t definitive proof that you still own the house. In most states property deeds need to be filed and notarized. You prove you own the property by having a document transferring ownership from mr a to you.
This warranty deed says that the property has been put in your name. Even without a deed if you have a copy of the contract you signed when you bought the house you may be able to use it to prove ownership. Historically ownership of land was proved by the title deeds. Key proof of ownership.
Ownership proof of the land as a buyer you must ensure that the land on which your home is being constructed is in the ownership of the developer. If you want to know more on how to prove property ownership first talk to a real estate attorney.