ALTA Practice Exam – Complete Prep Resource

An executed deed refers specifically to a deed that has met the essential legal requirements for transferring property ownership, which include being signed by the grantor and being delivered to the grantee. This completion of the process signifies that the property owner has officially transferred their interest in the property.

For a deed to be considered fully executed, it must not only have the required signatures but also be delivered in a manner that demonstrates clear intent to transfer ownership. This transfer establishes all necessary legal rights and responsibilities associated with the property for the new owner.

The other options fail to capture the full definition of an executed deed. A deed that has been recorded involves another step in the process, while a deed in the process of being executed is not yet complete. A deed that is only signed but not delivered does not fulfill the requirement of a transfer and therefore is not considered executed.