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Deed VS Title: What's the difference? | Real Estate Exam Topics Explained
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- Опубликовано: 15 авг 2024
- Most people assume that Property Deeds and Titles are the same things, but they actually serve two different purposes. When studying for the real estate exam, most of us learn that title means ownership and a deed is evidence of the transfer. In this video, we explain the differences and how you can remember them for your real estate exam.
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#TitleVsDeed #DeedVsTitle #TitleAndDeedDifference
Joe, I passed my exam this morning with 96% mostly thanks to you... no joke! Thank you...
How did you get 96% when they dont show percentages on the test unless you fail?
@@nighthawk5301 hey Kevin,
They don’t show percentages but if asked, they can give you the number of questions you got wrong... they did with me. It was 5 out of 135 questions.
@@paramerika Ok great thanks for replying back. I was always wondering how people know their percentages. Good luck in real estate!
@@nighthawk5301 thank you Kevin. Hope you pass and find success as well. Stay safe, my friend.
Hi I am trying pass my Nevada RE license. Did you bought Prepagent program? Or was able just to pass through the free videos? Thank you.
🤓 I only found your videos 15 hours before my test and I am convinced that you played an important part in me passing on the first attempt. English is my third language, I was sure I wasn’t going to, but I did it and I wanted to thank you from the bottom of my heart 🙏
Passed my MI exam today and I stg I owe it all to Joe. I downloaded your app 2 weeks ago and only studied on that. God bless you my brother I appreciate you and these videos more than you know, thank you!
I don't know what else to say but you are the only thing that has helped me understand Real Estate Vocab. I completed my hours to take the exam but still felt completely unprepared to take the test. I failed the first time and started searching on RUclips for Real Estate help. Once I found the treasure trove of your videos I have spent the past three days binging your lessons. You make things so much easier to understand. I can't express enough how helpful you are. Thank you, thank you, thank you!
8 months ago I signed up for the course studied with prep agent failed the exam once passed on the 2nd attempt and can officially say I just listed my 1st house and also helping another client look for a property!! Never give up it’s doable just be disciplined and stay focused thanks Joe, Stu and the rest of the prep agent team
I just want to say I passed my real estate exam 2 weeks ago and I want to give some credit to Prep Agent Joe! Thank you!! Go watch that word cloud yall! After I watched that video I swear I passed lol!!
Congratulations girl! I go in a month for mine. That word cloud is amazing!
Congrats!!! What's this word cloud you're referring to? Please share!
Thank you so much Joe, you’re doing a wonderful job, your videos helped me a lot, I watched them every day for the last two weeks and as you always says the vocabulary is important, I followed your instructions and I passed my state Exam... Thank you!!!
How was it!?
I've been struggling so bad trying to pass this test 😫 5x I've failed. I just started watching your videos and I'm understanding more!
I enjoy the videos and it's really helpful when studying for the exam. You bring it alive and the light bulb has gone off.
Pretty concise, simple, accessible and clear explanation!!! This video cleared my mind!! Thanks a lot!!!
Been watching your vids for two weeks. I just passed my national test today on first try with lots of studying. Your vids especially your animated short vids were incredibly helpful. Now if you only had State specific vids. I failed my state. 😭.
I keep seeing ppl say that they passed their national but not state? I live in California and I am confused....I didn't read anywhere on the state site that the exams are separate, for California. Do other states put ppl through this twice?
Such cute analogies which make it so much easier to understand🙏🏻🧸 Thank you Joe!🌞 I’m hoping to pass when I’m ready for it.
These videos are amazing I take my exam in January so I will definitely be prepared for the Exam!!!! Wish me luck .....
Good Luck
GOOD LUCK !
Excellent video. Just getting started on my path to real estate after recently retiring from federal service. Look forward to more of these videos.
YOUR TEACHING METHOD NOT BAD. ILLUSTRATION GOOD FOR UNDERSTANDING. WELL DONE
Fantastic Video! Great job, thank you
Joe, you're the GOAT. Thank you. I'll be watching your videos consistently the next month. So much value in each.
Very informative video, deeds and titles are very different things and this knowledge is necessary when studying for your real estate exams, great job
omg you are waaay too cool! watching your videos helps me more than when I listened in class or in a webinar. it's your voice and how you tell it....keep them coming! I need to jam info as much as I can and understand more leading to my exam which is real soon! got any affirmations ??? and God Bless you with more of the best to come for you!
Thanks jo for all your help;) I past my California exam on my first try;) your amazing teacher.
Hi Monica, congrats! I am in CA too and just turned in my application. Any helpful study tips you can share? Thanks in advance!
Joe knows a lot about real estate matters... Great video Joe! If we ever had a chance to meet... you would be my Bro...Joe!
Thanks Joe, Passed My Texas Real Estate Exam🥳🥳🥳🥳🥳
How was it!? I take mine on Tuesday been studying for about 3 weeks non stop
Also congrats
Isaiah Ice If you prepare, it’s a breeze, not hard as I thought it would be.
Shoshana A Israel 👍🏽
Congrats
You made this so easy to understand
thanks so much for these helpful videos I have my exam on sept 23rd!
How'd you do?
All these videos are amazin! They save me tons of time understanding the terms. Thank you so much!
Great! Simplified and very helpful.
Hey Joe, The deed is usually signed in front of a notary, but does it legally have to be? Thanks for ALL your help, the premium prep agent course is 100% worth every penny!!
Hey Nicole, check your state law but the answer is generally yes. States usually require an "official witness" which a notary can be. The point is that a third party is attesting to the execution of the document. This might be brought up when a court is deciding whether or not a deed is patently defective. If a deed is defective then the original owner may recover because it is considered void. Hope that helps...
Thanks joe! My test is sept 17th please keep these videos coming!
I hope you passed 🙏🏽
Thanks. Looking forward to that day.
thank you so much, your videos are very helpful .
thank you so much i've been trying to understand this for ever
Thank you so much! BEST explanation Ever!
if i do a quit claim deed to transfer to my sister, does the Grant deed also get updated to her name automatically?
Yet another great video. I appreciate your work.
Joe I received a warranty deed from my brother who was a beneficiary of my mothers will (borrower) a guy is taking me to court claiming he bought it through a trustee sale. What do I do?
Is it the new owners' responsibility to take the title & deed to the county records office or does the title company do that on behalf of the buyer?
I love the animation, more of it please ❤😃.
Thank you Joe for this helpful video.I appreciate it.❤️😇🙏🏻🇺🇸
I have title and ownership, It was a cash purchase, no liens of encumbrances... and they are trying to foreclose!
I am doing a Quitclaim Deed to add a spouse to ______? Deed or Tittle? What instrument is the correct one to write on the document? Deed or Tittle?
Title
What if the title says 50.50 share but you have an old tenants in common agreement of 60.40. Which over rides the other?
Thank you Joe for your support very helpful videos
Is this regarding US or UK law?
I have taken General power of attorney from my father and Register from sub-Registrar .
Now i want to mortgage this property for loan from a bank, How to write that deed.
Hello Prep Agent,
Thanks for your tutorial.
How can I remove a name from an original warrant deed?
Im the home owner stated on the property,but don’t have any physical documents a part the original warrant deed with both names on it..I’m a property taxe payer by the way.
Thanks for any help and recommendations.
Super helpful! Thank you
So deed is bill of safe pretty much?
How do I get a title for abandoned property then?
Thank you, Joe. Love the course as well.
With a general warranty deed what are some things to look out for? We're looking into one right now and it's Owner Financed acreage but there's no home on the property. If we put down the down payment and start paying on the land (leaving a paper trail, of course) could the previous owner stop us from building any permanent structures on the land? In this situation, is the deed (and taxes) transferred immediately into the buyers name or after they are done paying on the property? We don't need this much acreage so we wanted to parcel off some of it to help with the cost of the property. Would we have to wait until after the 20 year contract? Help?
So where do we get the papers for each type of deed ?
thank you joe this was great! super helpful
keep up your good work sir.....this is really educating
Great explanation... Thank you 😊
My father is the only one on the deed to the house he bought but the title has his and another person's name on it. Can he remove this person from the title on his own or does he need their permission? I currently have Power of Attorney over his property. Thank you.
Great video! thanks!
I plan to transfer my property to my son, will I have to pay a capital gain tax if the property is a gift?
Clear enough, thanks.
So helpful!
Gracias!
What software or utility do you use to build your videos.
Title is the means or authority by which one justifies legal possession of property, it is not ownership, only evidence of ownership. (Brown's Boundary Control and Legal Principles 7th edition pg 59)
purchase money trust deed?
Great video
Ty
Actually, you CAN sell a house without the buying knowing about the liens! The buyer is liable for knowing about the liens on your house, and there's no legal repercussion for not disclosing it as the seller. Funny how that works, isn't it?
Good Analogy
We love this!!
Great !! Thank you !!
great video.
"The deed is the buyer's guarantee that the seller actually owns the property...". Not necessarily. A *quitclaim* deed simply guarantees that the seller is transferring whatever ownership he/she has... but the seller might have *no* ownership claim whatsoever.
Amazing !!
Thanks
My.Father gave me i believe. 54 homes and left me a very large amount of cash im Liandro Gonzalez S r 06 26 1970. My Father name is Ramon Mantablo Gonzalez. Fresno ca he inherited and pass to me i have not recieved
Title or deed is conveyed, Store receipt is exchanged goods for currency. completely different. Then Why do we all have rental deeds, at least in Michigan we do. As defined by " Real or Real Estate definitions" by law, not private property. A store receipt is better than our deeds here in Michigan. Our deeds here should come out of the (Rent "a" Center) store..
Is it QuitClaim deeds that con artist & scammers are using to make quick money? I.E. Getting loans through Identity theft, and using a really nice house as collateral, and then dumping the real home owner for the full payback of the loan. Would like to know the best way to protect myself from disgusting house thieves.
Check with the county recorders office to see if they infact own the property.
My life is mine to own and steward.👍💯
please keep making videos////
But, actually you need the land patent in order for you to actually be the owner of any property. In the United States of America the Lord mayor of England and the queen of England actually on our property
If I understand any of this. We own rights not the land. Bundle of rights the house on the land is a perk lol
When will be live again ?
So caretaker can put my both deseced parents in her name . I am the next of skin real survivor. After all these years can I still do anything?
I mean property
Investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good?
The best investment one can do right now is investing on real estate though stocks are good but ever since I swapped to real estate, I've seen so much difference.
I have been making a lot profit through real estate which has been the main source of my income.
STEPHINE KOPP MEEKS is who i work with look her
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That echo in the voice makes me zone out. a better mic and a more quite place when recording will fix this. otherwise I like your content. Hope it was helpful
🙌🙌🙌
VAN Ed Sucks. Am I the only one who regrets buying it?
Weird
Great video