Which party is required to sign the deed?

Prepare for the Metro Brokers Exam with flashcards and multiple choice questions. Each question is accompanied by hints and explanations. Get ready for your certification!

The party required to sign the deed is the grantor only. The grantor, who is the person or entity transferring ownership of the property, must sign the deed to execute the transaction legally. This signature serves as the formal indication of the grantor's intent to convey their interest in the property to the grantee.

The grantee is the recipient of the property; however, they are not required to sign the deed for the transfer of ownership to be valid. The deed's primary function is to provide a record of the transfer from the grantor to the grantee, but the legal obligation to affirmatively enact the transfer lies solely with the grantor's signature. Thus, in the context of real property transactions, the deed represents the grantor's relinquishment of ownership rights, and only their signature is necessary to finalize this act.

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