Real Estate Ownership Deed
Real Estate Ownership Deed
This Deed of Real Estate Ownership is made and entered into on [Date], by and between [Your Name], hereinafter referred to as the "Seller," and [Buyer's Name], hereinafter referred to as the "Buyer."
I. Property Description:
The Seller hereby conveys to the Buyer the following described property situated in [City/County/State], commonly known as [Property Address]. The property is more particularly described as follows:
[Legal Description of the Property]
II. Purchase Price:
The total purchase price for the property shall be [Purchase Price], payable by the Buyer to the Seller in accordance with the terms of the Purchase Agreement dated [Date of Purchase Agreement].
III. Seller's Representations and Warranties:
The Seller hereby represents and warrants to the Buyer that:
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The Seller is the lawful owner of the property and has the right to convey the property to the Buyer.
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The property is free and clear of all liens, encumbrances, and adverse claims.
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There are no pending legal actions or proceedings affecting the property.
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The Seller has disclosed all material defects or issues known to them regarding the property.
IV. Buyer's Acceptance:
The Buyer acknowledges receipt of this Deed and accepts the conveyance of the property subject to the terms and conditions set forth herein.
V. Legal Acknowledgment:
The Seller and Buyer hereby acknowledge that they have read and understood this Deed and execute it voluntarily and without undue influence.
VI. Notary Acknowledgment:
In Witness Whereof, the parties hereto have executed this Deed on the date first above written.
Witness my hand and official seal:
[NOTARY PUBLIC]
Date:
My commission expires:
IN WITNESS WHEREOF, the parties have executed this Deed as of the date first above written.
[Your Name]
[Buyer's Name]
This Real Estate Ownership Deed is hereby executed and delivered as of the date first above written.