Escrow & Title
In West Virginia, a deed must be delivered and accepted to be effective. Delivery means:
AThe deed must be physically handed to the grantee
BThe grantor must have the intent to transfer title and the deed must be conveyed to the grantee or their agent✓ Correct
CThe deed must be recorded in the county courthouse
DThe deed must be notarized by a WV notary public
Explanation
Delivery requires the grantor to have the intent to immediately transfer title. The deed must be conveyed to the grantee or their agent.
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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.
Deed of TrustA security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
EasementA non-possessory right to use another person's land for a specific purpose.
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