Orlando deeds allow for the rightful legal ownership rights of one party to be transferred to another person. There are many different types of deeds and it is important to choose the right one so problems do not arise in the future. Our attorneys can determine the property that requires a deed, the parties involved, and ensure the draft you need is executed and recorded properly, and that it meets your needs. The process of recording a deed is fairly quick, and it is important to ensure you move forward with the appropriate protections. Our Orlando deeds lawyers can guide you through the process.
Orlando Corrective Deeds
Corrective deeds do just what their name implies – they correct any errors an original deed contains. Sometimes these mistakes are fatal to the validity of a deed and can render them invalid. A mistake made in the legal description of a property is just one type of error that could mean a deed is no longer valid. If an error is not significant and does not change the legal nature of the original deed, a corrective deed may not be necessary. When a corrective deed is recorded as part of the public record, it can deem an invalid deed valid again and can clarify the intent of the original deed.
Lady Bird Deeds
A lady bird deed allows the legal owner of a property, known as the grantor, to retain control and use of the property during their lifetime. With a lady bird provision, the legal right of ownership to that property will then automatically transfer to the heir, also known as the grantee, upon the grantor’s death. A lady bird deed can help heirs avoid the lengthy and costly probate process, which is usually required to transfer property to heirs and beneficiaries.
Quit Claim Deeds
A quit claim deed also transfers the ownership of a property from one person to another. However, these deeds do not provide any guarantee regarding the legal title, right, or interest of the property. This does not mean the grantor does not have the legal right to the property. It only means that if there is a third party claim against the property in the future, the grantor cannot be held liable. Quit claim deeds are generally only appropriate when the parties involved in the transaction are related.
Warranty deeds serve the same purpose as quit claim deeds. They allow the existing owner of a property to transfer the legal right to the property to another person. However, the difference is that a warranty deed provides a guarantee to the grantee that there are no defects with the title. If it is later found that the title was defective, the grantor is then liable for paying any damages associated with the losses sustained as a result of the defect.
Call Our Attorneys for Help with Your Deeds in Orlando
If you need to transfer property or have property transferred to you, our attorneys at My Florida Deed can help. Our seasoned attorneys will advise on the Orlando deeds that are right for you, and ensure they are recorded properly and efficiently. Call us today at 321-379-7690 or fill out our online form to get the information you need.