Escrow & Title
A deed is considered delivered and accepted in North Carolina when:
AIt is signed by the grantor
BIt is recorded in the Register of Deeds
CThe grantor physically and intentionally transfers it to the grantee or their agent✓ Correct
DThe purchase price is fully paid
Explanation
A deed is legally effective (title transfers) when the grantor intentionally delivers it to the grantee with the intent to convey title, and the grantee accepts it.
Related North Carolina Escrow & Title Questions
- A lender's title insurance policy (mortgagee's policy) in North Carolina:
- When a NC title insurance company pays a claim on an owner's policy, the insurer receives the right to:
- A lender's title insurance policy in NC protects:
- At the NC closing table, the closing attorney is responsible for all EXCEPT:
- A NC closing at which the buyer does not have sufficient funds to close due to a last-minute change in loan terms would be:
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- In North Carolina, a deed must be recorded in the:
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