What is a deed?
A deed is a legal document that is used to transfer property rights from one person to another. In Alaska, a deed is the instrument which conveys title or ownership of real estate from one person to another. A deed is signed and witnessed by both parties and then filed in the appropriate county office. A deed typically includes information about the property and the parties involved in the transaction. It describes and identifies the property in detail, identifies the titleholders or owners of the property, and sets forth the terms of the transfer. In other words, the deed outlines who is giving up the property and who is receiving it. In Alaska, only certain types of deeds are recognized under law. These include Warranty or Quitclaim Deeds, Deeds of Trust, and Special Warranty Deeds. The type of deed used will depend on the nature of the transaction and the parties involved. A deed is an important document and must be legally prepared and recorded to ensure the validity of the transfer. It is essential that parties to a deed transaction seek the advice of an attorney or other qualified professional in order to ensure that it meets the requirements of the law.
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