Hillcrest real estate, Mission Hills real estate and San Diego real estate and homes for sale in California - Bobby Stefano, REALTOR® Bobby Stefano REALTOR(r) for Hillcrest, Mission Hills and San Diego, California real estate - NUMBER1EXPERT™ Bobby Stefano NUMBER1EXPERT(tm) for Hillcrest, Mission Hills and San Diego, California real estate
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Bobby Stefano, REALTOR®, real estate agent and broker for Hillcrest, Mission Hills and San Diego California home listings, property and land for sale - NUMBER1EXPERT(tm)
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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.

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Real Estate Trivia
Q 
What is the largest city square in the world?

A 
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres.
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Bobby Stefano, REALTOR®, real estate agent and broker for Hillcrest, Mission Hills and San Diego California home listings, property and land for sale - NUMBER1EXPERT(tm)

Bobby Stefano
Ascent Real Estate

410 Kalmia St
San Diego, CA. 92101
Direct: 619-299-9200
Mobile: 619-459-5900
Fax: 619-325-0750
Email: bstefano1@cs.com

Bobby Stefano is a top producer in the Metro and coastal area of San Diego. Chairmans Circle Award Winning Agent for the past five years running!Top 5% of agents in The U.S.A!!

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