Escrow & Title
In Iowa, when is a deed considered 'delivered' for purposes of transfer of ownership?
AWhen the grantor signs the deed
BWhen the deed is recorded in the county recorder's office
CWhen the deed is physically or constructively delivered to and accepted by the grantee✓ Correct
DWhen the earnest money is deposited into escrow
Explanation
Legal delivery of a deed requires both delivery by the grantor and acceptance by the grantee. Delivery may be physical (handing over the deed) or constructive (such as placing in escrow). The deed must be delivered and accepted during the grantor's lifetime to effectively transfer title.
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