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Module 9 of 14

Executing Legal Documents & Closing

Master the critical closing phase by finalizing ownership before the county acts. Learn deed recording, tax clearing, and document execution

Module Progress 100% Complete
Module 9 Training Video

Executing Legal Documents & Closing

Master the critical closing phase

38:55
Duration
HD
Quality
Completed

What You'll Learn in This Module

Master the critical closing phase by finalizing ownership before the county acts and executing legal documents properly.

Finalize Before County

Secure ownership rights before the county takes action on tax delinquent properties.

Record Deeds & Clear Taxes

Properly record deeds at the courthouse and clear all outstanding tax obligations.

Quitclaim vs Warranty Deed

Choose the right deed type based on the situation and level of protection needed.

County Payments Without Seller

Handle tax payments and county obligations when the seller is unavailable.

Deed Types Comparison

Choose the right deed for your situation

Warranty Deed

Full Protection
  • Guarantees clear title and ownership
  • Seller legally responsible for title issues
  • Best for traditional sales
  • Higher buyer confidence

Quitclaim Deed

As-Is Transfer
  • Transfers whatever interest seller has
  • No guarantees or warranties
  • Faster, simpler process
  • Common for distressed properties

Closing Process Checklist

Essential steps for successful closing

Pre-Closing (7-14 Days)

1
Order title search and examination
2
Calculate total tax obligations
3
Prepare all required documents
4
Coordinate with all parties

Closing Day

1
Execute deed with proper notarization
2
Pay all taxes and liens immediately
3
Record deed at county courthouse
4
Obtain recorded deed copies

Critical Timing Considerations

  • Tax Sale Deadlines: Finalize ownership before county tax sale dates
  • Recording Priority: First recorded deed takes priority - record immediately
  • Payment Timing: Pay taxes same day as recording to avoid penalties
  • County Procedures: Each county has different processes - know local requirements

Advanced Closing Strategies

Professional techniques for complex situations

Power of Attorney

Use POA when seller cannot be present for closing - must be notarized and recorded

Escrow Services

Use title company escrow for complex transactions with multiple parties and obligations

Notarization Requirements

All deeds must be properly notarized - mobile notaries available for urgent situations

Scott's Pro Tips

Master strategies for flawless closings

⚡ Race Against Time

The county doesn't wait. Record your deed and pay taxes the same day to beat county foreclosure actions.

📋 Documentation is King

Keep copies of everything - recorded deeds, tax receipts, and notarized documents. Your paper trail is your protection.

Module 9 Complete! 🎉

You've mastered legal document execution and closing processes. You now know how to finalize ownership before the county acts, record deeds properly, choose the right deed type, clear taxes, and handle county payments without the seller present.

Continue to Module 10