Escrow & Title
At a NH residential closing, the seller typically signs which primary document to transfer ownership?
AThe purchase and sale agreement
BThe deed (typically a general warranty or special warranty deed)✓ Correct
CThe title insurance commitment
DThe HUD-1 settlement statement
Explanation
The deed is the primary instrument by which the seller transfers title to the buyer. At closing, the seller executes (signs and has notarized) the deed, which is then delivered to the buyer and recorded.
Related New Hampshire Escrow & Title Questions
- A NH property's title contains a 'gap' period where no deed was recorded. This may be resolved by:
- In NH, property taxes that are unpaid at closing are typically:
- In New Hampshire, a warranty deed (general warranty deed) provides buyers with:
- In New Hampshire, a quitclaim deed:
- A special warranty deed in New Hampshire differs from a general warranty deed in that the grantor warrants title only against:
- What is the purpose of recording a deed in the New Hampshire county registry of deeds?
- Title insurance in New Hampshire is issued to protect against:
- A NH buyer's closing statement (HUD-1 or Closing Disclosure) will show which of the following as a credit to the buyer?
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