Escrow & Title
A deed must contain which essential element to be valid in NJ?
ANotarization by the seller and buyer
BIdentifiable grantor and grantee, granting words, and a legal description✓ Correct
CThe purchase price and mortgage amount
DThe broker's signature and MLS number
Explanation
A valid NJ deed must identify the grantor and grantee, contain words of grant (conveyance), and include a legal description of the property. Delivery and acceptance complete the transfer.
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