Santa Fe NM Real Estate, Tesuque and Las Campanas real estate and homes for sale in New Mexico. Santa Fe Luxury Homes and Santa Fe Historic Eastside - Nobél Davis, REALTOR® Nobél Davis REALTOR(r) Santa Fe Real Estate, luxury homes, historic eastside - NUMBER1EXPERT™ Nobél Davis NUMBER1EXPERT(tm) Santa Fe NM Real Estate, Tesuque and Las Campanas, New Mexico.

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Real Estate Tips
Real Estate Contracts >Signed Sealed and Delivered

Most people assume that when a real estate deed is signed, it is effective. However, there is one more essential part of the process. Even if a deed is properly executed, it is not effective until it has been delivered to and accepted by the buyer. This can sometimes create bizarre results. Here is an example.

An elderly man properly signed, sealed and acknowledged a deed to his nephew and placed it in an old tin box in his room, where it was discovered shortly after he died. The nephew lost a contest with other heirs over the property because the deed was not delivered, and therefore, was not effective at the time of the old man's death.

Until the deed is delivered, the title remains with the seller, who could change his mind at any time and destroy the deed. But once the deed has been properly delivered and accepted, the title passes and cannot be revoked. Thus the old, old saying: signed, sealed (and notarized) -- and delivered.

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Real Estate Trivia
Q 
What weighs 320 tons and is considered the largest single block building?

A 
Pyramid of Mycerinus (Third Pyramid) at El Gizeh, Egypt is the largest single block building and the world's oldest pyramid.
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Nobél Davis, REALTOR®, real estate agent and broker for Santa Fe, Tesuque and Las Campanas New Mexico home listings, property and land for sale - NUMBER1EXPERT(tm)

Nobél Davis
Santa Fe Exclusives, Inc.

119 W. Coronado Rd.
Santa Fe, NM. 87505
Phone: 505.988.4040
Toll Free: 888.300.5580
Fax: 505.988.3736
Email: Nobel@SantaFeExclusives.com

Nobél Davis is the only Santa Fe Realtor® specializing exclusively in luxury homes. For more than 20 years she has concentrated solely on luxury real estate. Cultivating this focus has made her a luxury home specialist in the Santa Fe real estate market.

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