Legal Question in Wills and Trusts in Virginia
When a new deed is made, which is the legal date of transfer of the property?
A. the date the new deed is signed & notarized or
B. the date the new deed is recorded?
Also, can I make my own Power of Atty to someone by tying & forming it by an old one & then having it notarized?
If this is not FREE information, please disregard.
Thank you.
1 Answer from Attorneys
When the deed is signed and delivered to the person receiving the real estate.
There is no requirement for a deed to be recorded, ever, but you are at risk if it is not recorded. There are important legal benefits to recording the deed . But it is not a requirement for transfer of the property.
You can create your own power of attorney, but there is no way of knowing if the situations will be actually the same.