A deed is a written instrument that transfers title of real property from one person or entity to another. In order to constitute a valid deed, the law in Alabama requires that certain information be present in the deed. The property that is being conveyed must be adequately described and the deed must sufficiently identify who is buying and who is selling. The law also contains requirements regarding the proper execution of deeds.
There are several types of deeds and forms of ownership recognized by law. Whether a general warranty, statutory, or another type of deed is appropriate depends on the facts of your case. Similarly, the law recognizes different forms of ownership as well, such as joint tenancy and tenancy in common — again, this will depend upon the facts of your case. That is why it is important that you do not buy or sell real property without first seeking legal advice.
The real estate attorneys at Gulf Coast Attorneys LLC are experienced at drafting deeds. A properly drafted deed can save you from expensive litigation or other corrective action in the future resulting from an improperly drafted deed. If you are in the Greater Mobile Area, contact us today for a consultation: we understand the law regarding deeds and can advise you on what type of deed will be best suited for your real property transaction.