What is a requirement for a valid deed transfer in real estate?

For a deed transfer in real estate to be valid, it is essential that the deed is delivered and accepted. Delivery means that the grantor (the person transferring the property) must take action to signify their intention to transfer the ownership of the property to the grantee (the person receiving the property). Acceptance indicates that the grantee agrees to the transfer and accepts the terms laid out in the deed.

The requirement for delivery and acceptance ensures that both parties are in agreement and that the transfer of ownership is legitimate. It protects against situations where a grantor might change their mind about the transfer after it has been purportedly made, thus preserving the integrity of the transaction.

While having a witness, a legal description, and prompt conveyance may be important in certain situations or states, they are not universally required across all jurisdictions for the deed to be valid. In Michigan, the key elements center around the intent of the parties involved, specifically the act of delivering the deed and the acceptance by the grantee.