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School Reports in Kingsland, Marble Falls and Highland Lakes / Lake LBJ, Texas

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Real Estate Contracts >Signed Sealed and Delivered

Most people assume that when a real estate deed is signed, it is effective. However, there is one more essential part of the process. Even if a deed is properly executed, it is not effective until it has been delivered to and accepted by the buyer. This can sometimes create bizarre results. Here is an example.

An elderly man properly signed, sealed and acknowledged a deed to his nephew and placed it in an old tin box in his room, where it was discovered shortly after he died. The nephew lost a contest with other heirs over the property because the deed was not delivered, and therefore, was not effective at the time of the old man's death.

Until the deed is delivered, the title remains with the seller, who could change his mind at any time and destroy the deed. But once the deed has been properly delivered and accepted, the title passes and cannot be revoked. Thus the old, old saying: signed, sealed (and notarized) -- and delivered.

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Q	What 1982 thriller featured a house that was supposedly haunted because it had been built on the site of an ancient burial ground?
A	Steven Spielberg's "Poltergeist"was filmed in an actual home on Roxbury Street in a normal residential suburb in California's Simi Valley.
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The Moreau Team, REALTOR®, real estate agent and broker for Kingsland, Marble Falls and Highland Lakes / Lake LBJ, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Moreau Team
RE/MAX Highland Lakes
2101 Ranch Road #1431 West
Kingsland, TX 78639
Phone: 325-388-3915
Fax: 325-388-8243
Email: Linda@TheMoreauTeam.com

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