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Now this is a smart man. A lot of RE Attorneys will write title too. Spending a couple grand is cheap ins. and a good way to keep from things going sideways.
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Hire a real estate lawyer, they can handle everything. I always use one.
Now this is a smart man. A lot of RE Attorneys will write title too. Spending a couple grand is cheap ins. and a good way to keep from things going sideways.
Depending on your state, settlement companies make an attorney available to handle the actual settlement.
I think Virginia still requires settlements to be 'handled' (as in at least supervised) by an actual attorney.
Most are RE specialists.
In may places they are a great source of settlement details and actual performance of the paper passing and deed writing.
Deeds vary by location.
Every place seems to have specific wording requirements.
It is often very localized specific wording.
NH starts with something like "Know ye all men by these presents..."
Va is not the florid, but still very standardized.
To make a deed a valid contract it almost always has some nominal amount of money declared on ts face.
Virginia was "One Dollar ($1)" for along time, but the last few I have had $10.
And to put it all into the background "Receipt of which is here acknowledged." is also stated.
Never had anyone actually pay it though.
A contract must contain value for value in the exchange to be valid.