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Real Estate Contracts >Signed Sealed and Delivered

Most people assume that when a real estate deed is signed, it is effective. However, there is one more essential part of the process. Even if a deed is properly executed, it is not effective until it has been delivered to and accepted by the buyer. This can sometimes create bizarre results. Here is an example.

An elderly man properly signed, sealed and acknowledged a deed to his nephew and placed it in an old tin box in his room, where it was discovered shortly after he died. The nephew lost a contest with other heirs over the property because the deed was not delivered, and therefore, was not effective at the time of the old man's death.

Until the deed is delivered, the title remains with the seller, who could change his mind at any time and destroy the deed. But once the deed has been properly delivered and accepted, the title passes and cannot be revoked. Thus the old, old saying: signed, sealed (and notarized) -- and delivered.

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Q	Where was the great land boom (1919) in which investors paid up to $25,000 for lots not yet dredged up from the ocean?
A	The great Florida land boom brought hundreds of investors to the state after Carl Fisher founded Miami Beach in 1919.
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Richard and Debra Moon, REALTORŽ, real estate agents and broker for Lawrenceville, Snellville, Grayson and Loganville Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

Richard and Debra Moon
RE/MAX Greater Atlanta
1637 Athens Highway
Grayson, GA. 30017
Direct: 1-866-596-8421
Fax: 678-301-4255
Richard: Ext. 111
Debra: Ext. 112
Email: info@richardmoonrealestate.com
"Simply the Best, From Our Family To Yours, Since 1979" Providing a superior level of informed, professional real estate services to buyers and sellers in the greater Northeast Atlanta area for over 27 years. We specialize in representing our clients in the purchases and sales of single-family residences and income property within the cities of Lawrenceville, Snellville, Dacula, Lilburn, Conyers, Gainesville, Flowery Branch, Duluth, Loganville, Buford, Suwanee, Cumming, Monroe, Auburn, Winder, and Athens (including the Counties of Gwinnett, Hall, Forsyth, Barrow, Walton, Rockdale, Clark, and Oconee). We keep current of all transactions in these areas, and we're also very knowledgeable with the local schools.This is a family affair, a full time husband and wife team. Let our Top Producing Team demonstrate our excellence to you. Enjoy the journey of the American Dream - owning your own home. Call or e-mail today for more information.

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