Escrow & Title
A NH deed that is signed but never delivered to the grantee:
AIs valid and enforceable
BDoes not transfer title — delivery and acceptance are required for a valid conveyance✓ Correct
CTransfers title when recorded
DTransfers title upon the grantor's death
Explanation
Delivery and acceptance of a deed are essential for a valid conveyance. A deed that is signed but not delivered does not transfer title.
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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).
Abstract of TitleA condensed history of a property's title, summarizing all recorded documents and encumbrances affecting it from the earliest record to the present.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
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