Nationwide Mortgage Licensing System (NMLS) Practice Exam

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Question: 1 / 135

Which parties are involved in signing a deed?

Grantor and two witnesses

Grantor, grantee, and two witnesses

The correct choice indicates that the parties involved in signing a deed include the grantor, the grantee, and two witnesses.

In property transactions, a deed serves as a legal document that conveys ownership from one party to another. The grantor is the individual or entity that transfers the interest they hold in a property, whereas the grantee is the person or entity that receives that interest. By requiring the presence of two witnesses, the deed gains additional legitimacy. Witnesses help to ensure that the transaction is authentic, that the grantor has not been coerced, and that the signing of the deed was carried out in a lawful manner. This practice can vary by jurisdiction, but generally, the involvement of both the grantor and grantee along with witnesses is a common requirement to ensure the validity and enforceability of the deed.

Therefore, the inclusion of both the grantor and grantee, along with two witnesses, is critical to fulfilling legal requirements and protecting the interests of both parties involved in the conveyance of property.

Grantee and two witnesses

Grantee only

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