ELI5: Explain Like I'm 5

Grant deed

Hey kiddo, have you ever heard of a grant deed? Imagine you want to give your friend your favorite toy, but you want to make sure they can keep it forever and nobody else can claim it. So, you decide to write down on a special paper that you are giving your toy to your friend and nobody else. That special paper is a grant deed!

A grant deed is like a very important paper that grown-ups use when they want to give someone else a piece of land or a house. It says that the owner is giving that property to someone else and promising that nobody else can claim it in the future. This is like when you give your friend the toy and promise that nobody else can take it away from them.

The grant deed has all the details of the property, like its address, size, and who is giving it away and who is receiving it. Just like how you write your and your friend's name when you give the toy. The grant deed is legally binding, which is a big deal because it means that nobody can change their mind later on and try to take the property back.

So, a grant deed is a very important paper that helps people transfer property ownership, just like giving your toy away to your friend by writing it down on a special paper and promising they can keep it forever.
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