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Condo Deed

Condo Deed Template for United States

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Key Requirements PROMPT example:

Condo Deed

"I need a Condo Deed to transfer my two-bedroom unit in Miami Beach to my daughter, including all associated parking and storage spaces, with the transfer to be completed by March 2025."

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Document background
The Condo Deed serves as the primary instrument for transferring ownership of condominium units in the United States. This document is essential when selling or purchasing a condominium unit, as it provides legal evidence of the transfer and outlines the specific rights, restrictions, and obligations associated with unit ownership. A Condo Deed must include precise legal descriptions of the unit, common elements, and percentage interests in the condominium association. It requires careful attention to both state and federal regulations, proper execution, and recording with local authorities to be legally valid.
Suggested Sections

1. Deed Introduction: States the type of deed and date of execution

2. Parties: Identifies grantor and grantee with full legal names and addresses

3. Consideration: States the amount paid for the property

4. Granting Clause: Legal language transferring the property

5. Property Description: Legal description of the condominium unit

6. Rights and Restrictions: Details of common elements and limited common elements

7. Warranties: Warranties of title provided by grantor

8. Execution: Signature block and notarization

Optional Sections

1. Special Warranty Provisions: Additional warranties beyond standard deed warranties, used when specifically negotiated between parties

2. Transfer Tax Certification: Statement of transfer tax payment, required when mandated by state law

3. Environmental Declarations: Statements about environmental conditions, used when property is in environmental sensitivity zone

Suggested Schedules

1. Schedule A: Detailed legal description of the property

2. Schedule B: Description of common elements and percentage interest

3. Schedule C: List of easements and encumbrances

4. Exhibit A: Floor plan or unit layout

5. Exhibit B: Parking and storage unit assignments

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Industries

State-Specific Property Laws: Includes state real property laws, requirements for deed format and content, recording requirements and standards, and state-specific transfer tax regulations

Condominium Laws: Encompasses State Condominium Acts, Federal Housing Administration (FHA) requirements, Interstate Land Sales Full Disclosure Act, and state-specific horizontal property regimes

Property Rights and Restrictions: Covers common element rights and restrictions, limited common element designations, easements and rights of way, and Covenant, Conditions, and Restrictions (CC&Rs)

Association Documents: Includes condominium declaration, bylaws, rules and regulations, and association membership obligations

Title Considerations: Encompasses title insurance requirements, liens and encumbrances, property tax obligations, and special assessments

Local Regulations: Covers zoning laws, building codes, local ordinances, and historic preservation requirements where applicable

Federal Laws: Includes Fair Housing Act, Americans with Disabilities Act, Truth in Lending Act (for financing), and Real Estate Settlement Procedures Act (RESPA)

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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