What Is A Deed In Arizona Real Estate?

by | Apr 17, 2023 | Knowledge

In Simple Terms, What Is A Deed?

What Is A Deed? It’s more than just a piece of paper but definitely not nearly as complicated as some people make it sound. Simply put, a deed is a written instrument that is used to convey (or to give) ownership to someone else. You can think of it as a receipt that a seller (the giv-or) gives to the new owner. In this situation, the seller (giv-or) is the grantor (grant-or). Making the new owner in this situation the grantee (grant-ee).

 

Who Else Can Give Or Sign A Deed?

The signing of a deed is normally done by the property owner, however there are situations where another person may sign it. For instance a Trustor may sign a deed on behalf of a deceased person or bank as it sells a foreclosed property to it’s new

Please Note: Regulation, requirements and policies do change from time to time, this content may not be current or entirely accurate.

You may find the latest information on the Arizona Department of Real Estate’s website.