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Deed to Attorney of Grantor for Sale and Investment of Proce

Various Points that has to be accepted by grantee in the deed

A grantor who is been harassed and irritated by their children or grandchildren for property can have complete control over the property by preparing a Deed to Attorney of Grantor for Sale and Investment of Price. This type of deed ensures that none of the heir or beneficiary of the grantor will pose threat to the buyer (Grantee) in the near future after it is sold by the grantor. In this deed, the grantor should transform the title, property, claim or anything related to the property to the buyer’s name to avoid risks from their heirlooms in the long run. The property has to be transferred without leaving any loopholes for the heirlooms to file a case on the property that is sold by the grantor. Moreover, this deed also ensure that the income earned on the real estate property is enjoyed by the grantor until he/she is alive. This Deed to Attorney of Grantor for Sale and Investment of Price has to be signed by both the grantor and grantee to state their acceptance on the terms and conditions.

Here are a few points that should be accepted by the grantee in this legal document (deed)

  • He/she has to sell the property as per the terms and conditions until then he/she has to pay the rents and share the profits with the grantor
  • He/she has to pay the rent to the grantor until the property is sold and use the rest of the amount earned on the property for clearing the debts on it. If there is any amount that is remaining, then it has to be invested in real-estate, good securities and other areas where the grantor is interested in investing. The income earned in these investment areas should be given to the grantor
  • He/she after the death of the grantor will pay the expenses for their last rites.
  • The remaining income and profits left shall be used by the grantee for their own benefits

 

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