Transfer by Voluntary Alienation
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Welcome to the course!
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The Real Estate Business
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Law & Qualifications
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License Law And Commission Rules
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Authorized Relationships, Duties, And Disclosure
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Violations Of License Law, Penalties And Procedures
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Chapter 8
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Property Rights
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Title, Deeds And Ownership Restrictions
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Legal Descriptions
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Course Assessments
FLORIDA REAL ESTATE SALES ASSOCIATE COURSE
Title, Deeds And Ownership Restrictions
Section 6 of 39
"Alienation" sounds scary, but in law, it just means "transferring title." Voluntary Alienation is the legal term for unalienating (giving up) your ownership because you want to. This happens in two main moments: while you are alive, or after you pass away.The Deed (Transfer While Alive)The most common way to transfer property is by using a Deed. This is the instrument of conveyance during your lifetime.When is it used? You sell your house to a buyer. At closing, you sign a Deed to transfer the title to them.Gift: You want to give a vacant lot to your daughter for her graduation. You don't need a sale contract; you just sign a Deed conveying the property to her for "Love and Affection."Key Concept: The Deed is the vehicle that moves the title from Grantor (Seller/Giver) to Grantee (Buyer/Receiver)
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