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I bet PAW knows
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I bet PAW knows
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Posted by Gary_CA on 5/18/09 1:12am
Msg #288804

I bet PAW knows

What the heck a "deed of distribution" is.

I was looking up the public records on a property and prior sale doc type says "deed of distribution" I don't need to know for what I'm doing, just a trivia question.

I remember deed types was one of the things I learned for my real estate test. I passed the test, but can't remember a single one at the moment.

I'm gonna venture a guess that it's some sort of probate tool...but that's just a wild guess.

Reply by Gary_CA on 5/18/09 1:21am
Msg #288805

Maybe some fancy pants law office gal would know too

I mean if there's someone on here that works real estate docs in a law office and used to be an NSA, now that she has to wear nylons to work that would push the blood up to her brain and make her really really smart, no?

Reply by JamieFL on 5/18/09 6:02am
Msg #288807

Re: Maybe some fancy pants law office gal would know too

The deed of distribution changes the name on the property records from the decedent's name to the devisees as indicated in a will or if there is no will then to the heirs. Hope that helps.

Reply by BrendaTx on 5/18/09 11:41am
Msg #288849

LOL...part-time mobile notary here reporting for duty, Gary.

We call them Distribution Deeds in Tejas. Yep. Trust and probate stuff.

Reply by PAW on 5/18/09 8:09am
Msg #288814

As Jamie said, a "Deed of Distribution" is used by the Probate Courts to transfer property ownership from the decedent to an heir as described in the Will or by appointment of the Court when the estate is probated. (This is what "devising" means.) Obviously, a Deed of Distribution cannot be executed by the named grantor, so the executor or Court official will execute the deed.

Reply by Gary_CA on 5/18/09 9:37am
Msg #288826

Thanks to Jamie and PAW

That was my first guess, but it was only a guess. If I keep reading the great posts here some day I'll be as smart as the fancy pants legal gal.

(Brenda's gonna clobber me... sometimes I just need a good clobbering, it's a vice left over from my teenage years.)

Reply by LKT/CA on 5/18/09 12:50pm
Msg #288856

Google is your friend

All PAW and Jamie did was google "deed of distribution":

"A distribution deed is a method of transferring real property when the devisee of real property cannot be determined by reading the will. In such cases, an executor or administrator determines who is to receive the property. The typical distribution deed contains the facts concerning the death of the record title holder and the probate of the will; identifies the devisee and property in the same manner as other deeds; and conveys the property to the devisee subject to all covenants, easements, etc., of record to the extent that they remain in effect, ad valorem taxes and laws, ordinances, etc., relating to the property. Distribution deeds generally do not contain a warranty of title."

You can find out just about anything by googling.

Reply by PAW on 5/18/09 1:26pm
Msg #288859

Re: Google is your friend

>>> All PAW and Jamie did was google "deed of distribution": <<<

Excuse me! Maybe Jamie did, but I did not. I already knew what it was from my Estate Planning days.

But you are right, Google will provide much information on just about anything. Sometimes, too much information and often incorrect or misleading information. Doing research or "due diligence" should include using Google as a tool, but even then, the information may still need corroboration and validation.

Reply by LKT/CA on 5/18/09 4:42pm
Msg #288909

Re: Google is your friend

<<<Excuse me! Maybe Jamie did, but I did not. I already knew what it was from my Estate Planning days.>>>

{heeheehee!!} Okay, PAW....I stand corrected. My apologies to you ;-)


Reply by Gary_CA on 5/18/09 6:06pm
Msg #288924

Which brings us back to why I started here

We've got such luminaries, PAW and others, that if you find something similar with Google, it's more likely that PAW wrote whatever Google found than that he cut and pasted it.

Besides I'm lazy.

Reply by BrendaTx on 5/18/09 6:50pm
Msg #288931

Re: Which brings us back to why I started here

And then there's the people who work for real estate and probate lawyers who use those things constantly who answer: "Yep. Trust and probate stuff."

I'm manhandling those types of things every day and I'm smart enough to know how little I know. I realize that what I know (which is more than most regular non-probate lawyers know) is only a drop in the bucket compared to an Estate Planning and Probate Board Certified Specialist. I stand by my "stuff" comment. Smile

In fact, let me just say it's good to be at a place in my life to feel comfortable saying, "... stuff".

Reply by PAW on 5/18/09 10:11pm
Msg #288951

It all boils down to just stuff, more stuff, and

lots more stuff.


 
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