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Real Estate Tips
Real Estate Contracts >Signed Sealed and Delivered
Most people assume that when a real estate deed is signed, it is effective. However, there is one more essential part of the process. Even if a deed is properly executed, it is not effective until it has been delivered to and accepted by the buyer. This can sometimes create bizarre results. Here is an example.
An elderly man properly signed, sealed and acknowledged a deed to his nephew and placed it in an old tin box in his room, where it was discovered shortly after he died. The nephew lost a contest with other heirs over the property because the deed was not delivered, and therefore, was not effective at the time of the old man's death.
Until the deed is delivered, the title remains with the seller, who could change his mind at any time and destroy the deed. But once the deed has been properly delivered and accepted, the title passes and cannot be revoked. Thus the old, old saying: signed, sealed (and notarized) -- and delivered.
Real Estate Trivia
What is the longest construction time for a private residence?
The Winchester House in San Jose, CA, was under construction for over 38 years.
|See More Real Estate Trivia >
Fontaine Family - The Real Estate Leader
336 Center Street
Auburn, ME. 04210
Brenda Fontaine became a Real Estate Agent in 1983. Brenda has helped over 5000 families buy and sell their home. Brenda ranked NUMBER 1 for a nationwide franchise for "Top All Around Realtor" for 6 years. Brenda's success is due in part, to her caring attitude, her consistent follow through and also her strong work ethic. Brenda is supported by an experienced and dedicated team of licensed professionals that consist of a client care manager, Melissa Field, marketing manager, Crystal Bergeron, showing/feedback coordinator, Angie Larochelle, field Coordinators, Claude Fontaine & Tammy Soucy, listing manager, Marie Beaulieu, Business Development, Karen Gruver and ten Listing & Buyer agents, Bill Bergeron, Clayton Larochelle, Beth Favreau, Deb Morin, Nick Trider, Harriet Cummings, Pat Long-Cressey, Chad Sylvester, Nate Rudy, Cindy Morin & Jeanne Martin. The Family team of nineteen licensed professionals work together to help families buy and sell their property. They want to be your "Realtors for life" and they will give you superior service to earn that honor.
The Wall Street Journal recently posted America's Top Performing Real Estate Professionals on their website. (wsj.com) Amongst the top 1,000 is local real estate team of professionals The Fontaine Family Team who ranked 46th on America's Top Performer list, located at 336 Center St. Auburn, ME 04210
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