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 Carol Receiving
Congratulations for Being
Secretary for South Bay HOG
Chapter
2001My Experience, Credentials, Track Record, and Awards
Carol Gilles has been an Independent Real Estate Agent since 1979. She is a graduate of the Realtor Institute, and has also received a Bachelor of Arts degree in Education. Carol received the award of Top Producing Agent in 1985, 1986, 1991, 1993, 1994, 1995, and 1998. She also received the award of Top Listings Agent in 1983, 1984, 1986, 1991, and 1993. She is a multi-million dollar producer, having sold $8 million worth of property in 1999 alone. Carol has been a resident of the South Bay since 1973, and she provides all of her clients with exceptional knowledge of the South Bay community. Carol is a member of many professional associations, including the National Association of Realtors and the South Bay Association of Realtors. Carol Gilles is "Real Estate from a Different Perspective".
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Car
 Carol's
Bench
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Real Estate Contracts >Signed Sealed and Delivered
Most people assume that when a real estate deed is signed, it is effective. However, there is one more essential part of the process. Even if a deed is properly executed, it is not effective until it has been delivered to and accepted by the buyer. This can sometimes create bizarre results. Here is an example.
An elderly man properly signed, sealed and acknowledged a deed to his nephew and placed it in an old tin box in his room, where it was discovered shortly after he died. The nephew lost a contest with other heirs over the property because the deed was not delivered, and therefore, was not effective at the time of the old man's death.
Until the deed is delivered, the title remains with the seller, who could change his mind at any time and destroy the deed. But once the deed has been properly delivered and accepted, the title passes and cannot be revoked. Thus the old, old saying: signed, sealed (and notarized) -- and delivered.
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| Q |
Which city in the U.S. has the longest formal name, but the shortest abbreviated name?
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| A |
El Pueblo de Nuestra Senora la Reina de los Angeles de la Porciuncula is the full name for Los Angeles, known as "LA". |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
