Add Markups Legal New Jersey Deed of Trust Forms For Free

A deed is an official document, recorded at the county level. A new deed has to be recorded to add or delete anyone from the official record of ownership. We recommend that you seek legal assistance from an attorney or title company specializing in property transactions.

A deed of trust, also called a trust deed, is the functional equivalent of a mortgage. It does not transfer the ownership of real property, as the typical deed does. Like a mortgage, a trust deed makes a piece of real property security (collateral) for a loan.

As we have seen, property deeds should be done by a real estate attorney (unless you represent yourself).

The deed must be signed in ink by the Grantors in the presence of a notary public, with the Grantors' names printed below the signatures. Contrary to popular belief, the Grantors' signatures do not need to be witnessed (other than by a notary).

The deed and related documents must be prepared in black, legible type so it can easily be read and scanned or photocopied. We recommend signing in blue ink so it is easy to distinguish the original from a photocopy. The name of the Grantors (e.g., sellers) as they appeared on the prior deed must be on the first page.

The two most common types of deeds in New Jersey are the “Bargain and Sale” deed, and the “Quit Claim” deed (often mispronounced as a “quick-claim” deed”).

A: Yes, a quitclaim deed can protect you by getting the deed in your own name exclusively. This is possible through a divorce proceeding or your spouse can sign a quitclaim to relinquish his rights to the property. If the mortgage is in your spouse's name, it doesn't mean he has an ownership interest.

DEEDS IN GENERAL It must be in writing; 2. The parties must be properly described; 3. The parties must be competent to convey and capable of receiving the grant of the property; 4. The property conveyed must be described so as to distinguish it from other parcels of real property.; 5.

(The actual signature of the preparer was a requirement up until recently, but is no longer required.) Note that the Grantor may legally prepare his or her own deed, but only an attorney licensed in the State of New Jersey can prepare a deed for someone else.