What types of documents are used in real estate transactions?

Real estate transactions involve a variety of different documents in order to successfully complete the process. In California, these documents can include deeds, financing documents, title documents, appraisals, and closing documents. A deed is a legal document that transfers ownership of a property from one person to another. It must be recorded with the county in order for the transfer to be legally enforced. Financing documents include mortgage agreements as well as other documents outlining any terms of payment for a real estate loan or transaction. Title documents include the deed, as well as any additional documents that detail the current ownership of the property. These documents can include any liens or claims on the property. An appraisal is a document prepared by a third-party professional that outlines the estimated value of a property. This document is used to determine the amount of a loan or to complete a real estate transaction. Finally, closing documents are documents that are finalized and agreed upon by all parties at the closing of a real estate transaction. These documents are signed and finalized by the buyer, seller, and other parties involved in order to legally close the transaction. In order to successfully complete a real estate transaction, all of these documents must be thoroughly reviewed and legally enforced in order to protect all parties involved.

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What types of documents are used in real estate transactions?

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