A deed or property deed is a legal document that transfers ownership of real property (real estate) from a seller to a buyer. A deed must state the names of the seller and the buyer and must include a complete legal description of the property being transferred.
A deed must also include the signature of the seller, which must be acknowledged (signed) by a notary public to verify the identity of the person signing the deed and for the seller to declare to the notary that the seller signed the deed willingly and voluntarily, and was not coerced into signing it.
In Colorado, a deed is an essential legal document for transferring ownership of real property from a seller (grantor) to a buyer (grantee). To be legally effective, the deed must clearly state the names of both the seller and the buyer, and it must contain a complete and accurate legal description of the property. This description typically includes the property's boundaries and any relevant easements or encumbrances. The deed must be signed by the seller, and this signature must be notarized. A notary public acknowledges the signature by verifying the identity of the seller and ensuring that the seller is signing the deed willingly and without coercion. Once the deed is properly executed, it should be recorded with the county recorder's office in the county where the property is located to provide public notice of the transfer and to protect the buyer's interests. Failure to record the deed does not invalidate the transfer between the parties, but it may affect the grantee's rights against subsequent purchasers or creditors.