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Jacksonville Deeds

Jacksonville deeds are present in the majority of transactions involving real estate property and the protection they provide is significant. There are many different types of deeds available, and they all address different situations. If you are purchasing or selling property, it is crucial that you speak with an attorney. A Jacksonville deeds lawyer can advise on the type of deed that is most appropriate for your situation, the parties involved, and on the type of information you will need to properly record and execute your deed. If you are about to enter into a property transaction, below are some of the most common deeds in Jacksonville you may need.

Corrective Deeds

Just as their name implies, a corrective deed will correct any mistake made on a deed. However, just because a deed contains an error does not necessarily mean a corrective deed is necessary. The most common reasons for recording and executing a corrective deed is to correct an inaccurate legal description of the property. When a deed contains an error that is insignificant, or that does not affect the legality of the deed, a corrective deed may not be necessary. Once a corrective deed becomes part of the public record, the original deed is considered valid once again.

Lady Bird Deeds

A lady bird deed is a unique type of deed in Jacksonville. With a lady bird deed, the owner of a property, known as the grantor within the deed, maintains the control and use of their property throughout their lifetime. Upon the death of the grantor, a lady bird deed will allow the property to transfer immediately and automatically to the grantee, without the need to go through probate. Without a lady bird provision, grantors cannot sell their property until the grantee consents.

Quit Claim Deeds

Quit claim deeds are very commonly used in real estate transactions as they can fairly easily allow property to pass from one person’s ownership to another. However, a quit claim deed does not provide any guarantee that there are no issues with the title and so, they are most appropriate when the grantor wants to transfer the property to an LLC or a trust.

Warranty Deeds

Warranty deeds are most common in commercial transactions, and when the parties involved in the real estate transaction do not know each other personally. Warranty deeds guarantee, or warranty, that there are no defects on the title and that no third party has a claim to the property. If it is found in the future the title did contain a defect, a warranty deed will hold the grantor liable for paying any damages that resulted from that defect.

Get Your Jacksonville Deeds from Us Today

If you are buying or selling real estate and need a Jacksonville deed, our attorneys at My Florida Deed are here to provide you with the important information you need. Call us today at 407-205-2906 or fill out our online form to obtain the important forms, and sound legal advice, you need.

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WARRANTY DEED

A Warranty Deed conveys property from the old owner (Grantor) to the new owner (Grantee) together with a guarantee that the Grantor has legal right, title, and interest in the property being conveyed and is authorized to do so. The warranty being given by the Grantor assures the Grantee that no one else has a valid ownership claim in the property. Essentially, it is the Grantor promising the Grantee that the Grantor is the only rightful owner of the property, and as such, the Grantor has the full authority to convey the property. This type of deed further provides a promise from the Grantor to the Grantee that the Grantor will defend against anyone who might come forward at any time in the future and try to make a claim that they had an interest in the property at the time of the conveyance to the Grantee.

This type of deed is generally used when consideration is being paid for the sale of the property between two unrelated parties.

Flat Fee: $175.00

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*Does not include Documentary Stamps, if required by the State of Florida

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Quit claim Deed

A Quit Claim Deed conveys any interest that the old owner (Grantor) may have in the property to the new owner (Grantee). Although this type of deed does successfully convey any interest the Grantor may have, it does not provide a warranty, or guarantee, to the Grantee that the Grantor had the legal right, title, and interest in the property to convey it. That is not necessarily to say that the Grantor does not have the legal right, title, and interest in the property being conveyed. It just relieves the Grantor from binding himself to a promise made to the Grantee regarding the property interest being conveyed.

This type of deed is generally used for the conveyance of property between related parties or when no consideration is being paid, such as for a gift or estate planning purposes. This type of deed is also commonly used for property transfers made in connection with a divorce.

Flat Fee: $175.00

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LADY BIRD Deed

A Lady Bird Deed is a unique form of deed created by statute in the State of Florida, and a powerful tool to avoid probate. With the Florida lady bird deed, you give yourself a life estate interest in your property and appoint remaindermen to become owners immediately upon your death. A life estate is a right to live in the property until your death. Remaindermen are like beneficiaries of your estate, who have a future ownership interest. What makes Florida lady bird deeds so valuable is that you retain full interest in the real property. As the life tenant you reserve for yourself the right to sell, encumber, and otherwise do as you please with the real estate during your lifetime, and without and knowledge or consent of the remaindermen. You may also change the remaindermen at any point in time or even revert the whole interest back to yourself.

Flat Fee: $175.00

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CORRECTIVE Deed

A Corrective Deed can be executed and recorded to fix any errors in the original deed, including those that are otherwise fatal to the validity of the prior deed, such as an improper legal description. If the original deed contains significant errors, a new deed must be executed. A corrective deed is required when a grantor transfers property he or she once owned but does not any longer, errors that exceed simple typos in significance exist in the deed, or the deed lacks sufficient witness(es) or a notary acknowledgment. Invalid deeds can be rendered valid again if a Corrective Deed is made a matter of public record. Doing so clarifies the intent of the original deed.

Flat Fee: $175.00

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