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Grant deeds strike a balance between protection and simplicity. [2] They use precise and unambiguous language to ensure clarity and understanding, and they include warranties that offer protection against future claims on the property. [2] Grant deeds require full disclosure of any encumbrances on the property, such as liens or restrictions. [1]
The search finds the grant from the sovereign to the first grantee. This is usually in the form of a patent. Then, the grantee's name is searched in the grantor index to find the deed by which it has subsequently conveyed the title, and so forth until no more grants are found.
"A league and a labor" (4,605.5 acres; 18.638 km 2) was a common first land grant [4] and consisted of a league of land away from the river plus one extra labor of good riparian (river-situated) land. A headright of this much land was granted to "all persons [heads of families] except Africans and their descendants and Indians living in Texas ...
Rancho San Antonio, also known as the Peralta Grant, was a 44,800-acre (181 km 2) land grant by Governor Pablo Vicente de Solá, the last Spanish governor of California, to Don Luís María Peralta, a sergeant in the Spanish Army and later, commissioner of the Pueblo of San José, in recognition of his forty years of service.
A deed of trust refers to a type of legal instrument which is used to create a security interest in real property and real estate. In a deed of trust, a person who wishes to borrow money conveys legal title in real property to a trustee , who holds the property as security for a loan ( debt ) from the lender to the borrower.
In 2015, Texas law was changed to automatically place the legal title to the property with the buyer by filing the contract with the deed records office of the county where the property is located. While the seller loses title, the seller retains a vendor's lien in the property for the outstanding balance of the contract.
Historically, a grant was a transfer by deed of that which could not be passed by livery, [2] an act evidenced by letters patent under the Great Seal, granting something from the king to a subject, [3] and a technical term made use of in deeds of conveyance of lands to import a transfer. [4]
A famous rule is that a thief cannot convey good title, so title searches are routine (or highly recommended) for purchases of many types of expensive property (especially real estate). In several counties and municipalities in the US a standard title search (generally accompanied by title insurance ) is required under the law as a part of ...