Property Ownership
Under Pennsylvania law, a deed must be delivered and accepted to be effective. If a grantor signs a deed but locks it in a safe without delivering it, the result is:
ATitle transfers upon signing
BNo transfer of title — delivery is required for a deed to be effective✓ Correct
CTitle transfers when the deed is notarized
DThe grantee may record the deed once the grantor signs it
Explanation
In Pennsylvania, a deed is not effective until it is delivered to and accepted by the grantee. Delivery requires the grantor's intent to immediately and unconditionally 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.
EasementA non-possessory right to use another person's land for a specific purpose.
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