Getting A Deed>
Hello ALL!
I know, I know, stupid question, but from a realistic point of view, I know you have to get the deed to do Sub-2. Do you also get them when doing SS?
Got a stupid question about getting the deed. HOW DO YOU GET A DEED? I own 2 houses and I don't even know if I have the deeds to them. Is there a place on the deed to sign it over to another person? Do you have to make a new one?
Signed,
Confused 
A deed is not like a car title. You don't sign it over to someone else.
Every time the property changes hands, a new deed is drawn. In Florida, form deeds were sold by RAMCO, but lots of attorneys have them in word processors now, so in many cases there's no filling out of a form on a typewriter.
The deed isn't done until it's signed and witnessed (and perhaps notarized in your state). Then it's not much use until it's recorded at the county clerk's office (which typically involves paying documentary stamp tax). After that, the deed comes back to you and you hold on to it. But when you sell you make a new deed and give it to the buyer.
Thanks for replying! One one question. Everyone says to get the deed. How do you get the deed without bringing an atty. to close sub-2. One you get a copy of such deed, is it possible to use it and change the property description, so you can use it on all properties you flip? When you say it has to be signed. Who signs it (I realize it may vary by state, but I have no basis, so I am looking for anything, Florida, any other state you know of). Does the seller sign it? I was going to make my fiance' become a notary so she can notarize transactions.
Thanks
Sam
Typically the person conveying the property (seller) signs the deed (where it says "grantor"
. In order for it to be recorded, most if not all states in the union will require that it be attested by 2 witnesses. Delivery of the deed to the grantee (you) constitutes the conveyance of the property. The recording is a formality that serves to put you in the chain of title and provide notice to third parties about the transfer.
A deed is very similar to a bill of sale you get when you buy a sofa. It shows that x gives this thng to you. Your physical copy is not too importnt because they record it (make a microfilm copy at the county recorders office) and people who want to know who owns that house go to the recorder and see it. In addition the title companies put it into their computers when it is recorded and they just look there. Usually you get your deed in escrow - however if you are an equity buyer who hands someone $100 and takes over his property - carry one with you and get him to sign it, in front of a notary.