Deeds and Transfer of Interest Explained

Deeds and Transfer of Interest Explained

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Business, Social Studies

University

Hard

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The video tutorial explains the process of transferring title and land through a document called a deed. It covers the closing process, where a contract is made to exchange money for property ownership. The deed is a legal document detailing the land's description and boundaries, indicating the transfer of ownership. Finally, the deed is recorded at a local register or courthouse, notifying the public of the ownership change.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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