Property Ownership
Under Illinois law, what is required to create a valid deed?
ANotarization, recording, and payment of transfer tax
BWritten form, competent grantor, identifiable grantee, words of conveyance, legal description, and delivery and acceptance✓ Correct
CAttorney preparation, title insurance, and recording
DConsideration, survey, and lender approval
Explanation
A valid deed in Illinois must be in writing, executed by a competent grantor, name an identifiable grantee, contain words of conveyance (granting clause), include a legal description of the property, and be delivered and accepted. While notarization and recording are required for recording the deed, they are not technically required for a deed to be valid between the parties.
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