Property Transfer Deed
Property Transfer Deed
This Property Transfer Deed ("Deed") is made and entered into on [Date], by and between, [Your Name], residing at [Your Address], hereinafter referred to as the "Grantor", and [Buyer Name], residing at [Buyer Address], hereinafter referred to as the "Grantee".
I. Recitals
WHEREAS, the Grantor is the legal owner of a residential property situated at [Your Address], from now on referred to as the "Property"; and
WHEREAS, the Grantor desires to sell the Property to the Grantee, and the Grantee desires to purchase the Property from the Grantor, under the terms and conditions set forth herein.
II. Transfer of Property
The Grantor hereby transfers, conveys, and assigns to the Grantee all rights, title, and interest in and to the Property.
III. Purchase Price
The Grantee agrees to pay the Grantor the sum of [Purchase Price] Dollars ($[Purchase Price]), in full consideration for the transfer of the Property. The payment shall be made in [Payment Method] upon the execution of this Deed.
IV. Covenants and Warranties
The Grantor hereby covenants and warrants that they are the lawful owners of the Property and have full authority to sell and transfer the same. The Grantor further warrants that the Property is free and clear of any encumbrances, except as disclosed herein.
V. Closing and Possession
The closing of this transaction shall take place on [Date], at a location mutually agreed upon by the parties. The Grantee shall take possession of the Property upon closing.
VI. Expenses
Each party shall bear their expenses incurred in connection with this transaction, including but not limited to, attorney's fees, title insurance, and recording fees.
VII. Governing Law
This Deed shall be governed by and construed by the laws of the state of [State], without regard to its conflict of laws principles.
VIII. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Property Transfer Deed as of the date first above written.
[Your Name]
Date:
[Buyer Name]
Date:
This Deed executed by [Your Name] and [Buyer Name] has been acknowledged before me on [Date] by [Your Name] and [Buyer Name], personally known to me or proved to me based on satisfactory evidence to be the persons whose names are subscribed to the within the instrument and acknowledged to me that they executed the same in their authorized capacities and that by their signatures on the instrument, the persons, or the entity upon behalf of which the persons acted, executed the instrument.
[Notary Public]
Date:
My commission expires:
