Deed - Structure

Structure

The main clauses of a deed of conveyance are:

  • Premises
    • Parties clause - sets out the names, addresses, and descriptions (vendor/purchaser, grantor/grantee, transferor/transferee) of parties
    • Recitals - narrates in chronological order the previous ownership of the property being conveyed, starting with the earliest deed of title down to the contract of sale the conveyance gives effect to
    • Testatum - a command to witness which acknowledges the payment and receipt of the consideration and signals the beginning of the operative part; usually begins with "Now this Deed witnesseth"
  • Operative part
    • Operative clause - vendor gives effect to the contract of sale by conveying his interest in land to the purchaser
    • Parcels clause - clause detailing the location and description of the property being conveyed
    • Habendum - clause indicating the estate (freehold, etc.) or interest to be taken by the grantee
    • Tenendum - "to have and to hold", formerly referring to the tenure by which the estate granted was to be held, though now completely symbolic
    • Redendum - reserves something to grantor out of thing granted, such as a rent, under the formula "yielding and paying".
    • Conditions
    • Warranty - grantor warrants the title to the grantee
      • general: when the warrant is against all persons
      • special: when it is only against the grantor, his heirs and those claiming under him
    • Covenants - binding limitations or promises
  • Conclusion - execution and date
    • Testimonium (Scotland: testing clause) - attests to the due execution of a deed or instrument.
      • Examples:
        • England & Wales: In Witness Whereof, the parties to these presents have hereunto set their hands and seals.
        • Ireland: In Witness Whereof the parties hereto have hereunto set their hands and affixed their seals .
        • Scotland: IN WITNESS WHEREOF these presents, consisting of this and the preceding pages, are subscribed by at on the day of Two thousand and in the presence of of .

Read more about this topic:  Deed

Famous quotes containing the word structure:

    Just as a new scientific discovery manifests something that was already latent in the order of nature, and at the same time is logically related to the total structure of the existing science, so the new poem manifests something that was already latent in the order of words.
    Northrop Frye (b. 1912)

    A structure becomes architectural, and not sculptural, when its elements no longer have their justification in nature.
    Guillaume Apollinaire (1880–1918)

    I’m a Sunday School teacher, and I’ve always known that the structure of law is founded on the Christian ethic that you shall love the Lord your God and your neighbor as yourself—a very high and perfect standard. We all know the fallibility of man, and the contentions in society, as described by Reinhold Niebuhr and many others, don’t permit us to achieve perfection.
    Jimmy Carter (James Earl Carter, Jr.)