Real Estate Terms Dictionary




Confirmatory Deed/Correction Deed



Definition of 'Confirmatory/Correction Deed'

A confirmatory or correction deed is a deed that has suffered certain minor corrections, such as spelling mistakes concerning names or property description mistakes.


What is a Confirmatory or Correction Deed:

The confirmatory deed does not significantly change the content of the original deed and it may be exempt from transfer taxes.

Example:


Here's a real-life example from one of the properties researched on PropertyShark:

Confirmatory deed - example

References:
http://www.ehow.com/facts_7424650_confirmatory-deed_.html
http://financial-dictionary.thefreedictionary.com/correction+deed



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Disclaimer:
The glossary is intended to provide real estate professionals and home buyers with a basic understanding of various specialized terms related to legal rights over a property. All terms appear in public records such as ACRIS. We do not take responsibility for the legal accuracy of the definitions provided and ask that use of these explanations in a legal setting be made only after checking with a lawyer or another specialist in the field.