Colorado Grant Deed

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Multi-State
Control #:
US-03215BG
Format:
Word; 
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Description

A deed is an instrument by which an owner (the grantor) transfers an interest in land to a new owner (the grantee). No consideration is required to make the deed effective. The deed is necessary to transfer title to land even if it is a gift. It has no effect, and title does not pass until the deed has been delivered. The recording of the deed is not required to make the deed effective to pass title between the buyer and the seller. However, recording is necessary so that the public will know that the buyer is the present owner. Recording constitutes "notice to the world" of the transfer in title.


The grantor is the person selling the property. The grantee is the person buying the property. A grant deed is a deed containing an implied warranty that there are no encumbrances on the property not described in the deed and that the person transferring the property actually owns the title. It must describe the property by legal description of boundaries and/or parcel numbers, be signed by all people transferring the property, and be acknowledged before a notary public. It is in contrast to a quit claim deed, which only conveys the interest that the transferor actually owns, if any, without a warranty of ownership.


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FAQ

Gift Deed ? A gift deed is a special type of grant deed that ?gifts? ownership of real property interest to another person or entity. This deed is different from a standard grant deed because it specifically designates that the transfer was not subject to a sale, and the grantor received no monetary compensation.

For any type of real estate title transfer, you'll need to fill out the appropriate forms and have all parties sign in front of a notary. The new owner is responsible for filling out a Real Property Transfer Declaration form and recording the deed at both the recorder's and county clerk's offices.

Now, instead of dirt, legal documents called deeds are used to convey the title of real property from one person or entity to another. Colorado recognizes several different types of deeds, which are used depending on what rights the seller can convey and the warranties that are included in the deed.

Unless specifically outlined in Colorado statute, all Division of Real Estate (the "Division") and Department of Regulatory Agencies ("DORA") documents are open to the public and can be requested at any time.

A Colorado deed must be recorded with the county clerk and recorder for the county where the property is located to provide formal notice of the transfer. The standard recording fee?including a statutory surcharge?is $13.00 for the first page, plus $5.00 for each additional page. Documentary Fee.

A grant deed makes two guarantees: that the property has not been sold to someone else and no liens or encumbrances exist against the property. In Colorado, a general or special warranty deed is used instead of a grant deed, because they offer more protection to the grantor.

5. Where do I get copies of deeds or other documents? To get copies of documents you will need to contact the Clerk and Recorder's Office online at or via phone at (303) 271-8186.

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Colorado Grant Deed