Mete means measure and bound means boundary. As more and more residential work went in-house and overseas, the more it became apparent that doing commercial work and cell tower searches was a must, not an option.ДЇirst off, letвЂ™s look at the name of this legal description system. So I studied up on it, practiced reading them, mapping and basically getting my mind around the subject as much as I could. And if you are going to do commercial and cell tower searches, you absolutely MUST understand metes and bounds. When I spread my wings and started my own title search business, I became concerned that I was missing out on opportunities by not tackling the metes and bounds searches. If it has metes and bounds, send it back. And of those only those types of searches that were platted. The only type of searches she did, and therefore all she could teach me, was residential searches. Look for language such as вЂњwarrant and defend.вЂќ The warranty deed is the most common type of American deed.Years ago when I got into the title search business, way before I did cell tower searches and commercial title searches, I worked for a friend who showed me the ropes вЂ“ but only a certain length. Warranty DeedВ -В A deed in which the grantor guarantees clear title to the property, and can defend the title against challenges.

A quitclaim deed is most often used to clean up title to a property after the owner has died for example, several heirs may quitclaim their shares of their parentвЂ™s land to another heir. This does not guarantee that the seller is the sole owner, thus only covers relinquishment of all rights,В or even possible rights, held by the seller not the absolute title to the land. Quitclaim DeedВ -В A record of the release from a seller to a buyer of all rights or claim, real or perceived, in a piece of property.Some states use trust deeds in place of mortgages. A trust deed may sometimes be called a security deed. If the borrower defaults on the requirements, the property is forfeit the trustee may transfer the property to the lender, or sell the land to clear the debt. Deed of TrustВ -В An instrument, similar to a mortgage, in which the legal title to real property is temporarily conveyed to a trustee to secure the repayment of a debt or fulfillment of other conditions.Often seen in wills where it is used to divide property among multiple heirs. Deed of PartitionВ - a Legal document used to divide property among several people.The lease and release was a fairly common form of conveyance in England and in some American colonies, to circumvent laws of the Crown.

Together the two documents act, in effect, as a traditional deed of sale.

Deed of Lease and ReleaseВ -В A form of conveyance in which the lessor/grantor first transfers usage of the property by lease to the lessee/grantee for a short-term and token consideration, followed within a day or two by execution of a release of his right to recover the property at the end of the lease, in exchange for a specified consideration that more accurately reflects the true value of the property.Examples include a token amount of money (e.g. Deed of GiftВ -В A deed transferring real or personal property for something other than the normal consideration.

Metes and bounds meaning