PSI Virginia Real Estate Practice Exam

What are the essential elements required for a deed to be valid?

1. Signed by the grantee and notarized

2. In writing with a competent grantor and delivery

3. Authenticated by a government official

4. Only needs to be signed by the grantee

The correct answer is: In writing with a competent grantor and delivery

For a deed to be valid, it must meet specific legal requirements, and one of the most critical aspects is that it be executed in writing. Additionally, the grantor, or the person transferring the property, must be competent, meaning they have the legal capacity to enter into a contract (not a minor, mentally incapacitated, etc.). Delivery of the deed is also essential, as this demonstrates the grantor’s intent to transfer ownership to the grantee. The requirements for a deed ensure clarity and legal standing in the transfer of real property. Without being in writing, there would be no tangible evidence of the agreement. Competency of the grantor protects against fraudulent transactions, and proper delivery ensures that the deed is effective and enforceable. Thus, the elements outlined in the correct option effectively encapsulate the foundational legal requirements for a valid deed.