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:

    Agnosticism is a perfectly respectable and tenable philosophical position; it is not dogmatic and makes no pronouncements about the ultimate truths of the universe. It remains open to evidence and persuasion; lacking faith, it nevertheless does not deride faith. Atheism, on the other hand, is as unyielding and dogmatic about religious belief as true believers are about heathens. It tries to use reason to demolish a structure that is not built upon reason.
    Sydney J. Harris (1917–1986)

    There is no such thing as a language, not if a language is anything like what many philosophers and linguists have supposed. There is therefore no such thing to be learned, mastered, or born with. We must give up the idea of a clearly defined shared structure which language-users acquire and then apply to cases.
    Donald Davidson (b. 1917)

    What is the structure of government that will best guard against the precipitate counsels and factious combinations for unjust purposes, without a sacrifice of the fundamental principle of republicanism?
    James Madison (1751–1836)