Escrow & Title
A Maine deed that has been signed but not delivered to the grantee is:
AFully effective upon signing
BNot effective; delivery and acceptance are required for a valid conveyance✓ Correct
CEffective only if witnessed by a notary
DEffective once recorded
Explanation
Delivery and acceptance are required elements for a valid deed transfer in Maine. A deed signed by the grantor but not delivered to the grantee has no legal effect — the grantor retains ownership.
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
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