Under New Jersey law, which of the following is a required element for a deed to be valid and effective to transfer title to real property?
Correct Answer
C) The deed must identify the grantor and grantee, contain a legal description, and be signed by the grantor
Under New Jersey law, for a deed to be valid and effective to transfer title between the parties, it must at minimum: (1) identify the grantor and grantee, (2) contain a sufficient legal description of the property, (3) include words of conveyance (granting clause), and (4) be signed (executed) by the grantor. These are the essential elements of a valid deed. Acknowledgment and recording are required for the deed to be recorded and to provide constructive notice, but they are not required for the deed to be valid between the parties.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Community property is a form of ownership recognized in certain states where property acquired during marriage is considered equally owned by both spouses, regardless of who earned the money or whose name is on the title.
Condominium ownership involves owning a unit of airspace within a multi-unit building plus an undivided interest in the common elements shared with other unit owners. Each unit is separately taxed and financed.
In a cooperative (co-op), the building is owned by a corporation, and residents purchase shares of stock in the corporation that entitle them to a proprietary lease on a specific unit. Residents are shareholders, not property owners.
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