Which of the following is not essential in a deed?

Study for the Mortgage Loan Originator (MLO) National Exam. Prepare with flashcards and multiple-choice questions that include hints and explanations. Get ready to excel in your exam!

A deed is a legal document that transfers title of real property from one person to another. Essential elements in a deed typically include a grantor (the person transferring the property), a grantee (the person receiving the property), legal description of the property, and consideration (the value exchanged for the property).

The signature of the grantee is not essential for the validity of a deed. A deed can be valid even without the grantee's signature, as it is primarily the grantor who must sign the deed to convey their interest in the property. The grantee's acknowledgment or acceptance is typically not required for the deed to be valid, although it might be needed for recording or other purposes depending on state laws. This distinction allows for a deed to still serve its purpose of transferring ownership, even if the grantee does not sign the document.

In contrast, the other elements like consideration, legal description, and the grantor’s information are all crucial for establishing the deed's legality and clarity regarding the property being transferred.

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