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Real Estate Tips
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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Real Estate Trivia
Q 
Exactly how many islands are included in the group called the 1000 Islands?

A 
There are actually 1,864 islands in the 80-mile stretch in the St. Lawrence River, between Ontario, Canada and New York State.
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Janice Miller, REALTOR®, real estate agent and broker for Evansville, Newburgh and Boonville, Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Janice Miller
ERA First Advantage Realty

8711 West Highway 66
Newburgh, IN 47630
Mobile: 812-453-5000
Mobile and Text: 812-453-0779
Office: 812-858-2400
Fax: 812-858-6676
JaniceMiller@NUMBER1EXPERT.com
janice.miller@era.com
linda.johnson@era.com
sandy.brewer@era.com

"Your Single Solution Agent!"

Equal Housing REALTOR ERC ABR wcr


Janice Miller, REALTOR®, real estate agent and broker for Evansville, Newburgh and Boonville, Indiana home listings, property and land for sale - NUMBER1EXPERT(tm) Linda Johnson, Buyer's Agent
Janice Miller, REALTOR®, real estate agent and broker for Evansville, Newburgh and Boonville, Indiana home listings, property and land for sale - NUMBER1EXPERT(tm) Sandy Brewer, Buyer's Agent
 
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