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