Explanations
nnnn• An acknowledgment is a formal declaration made before an authorized person, such as a notary public, by an individual who has executed a written instrument, confirming that it has been done voluntarily. This declaration is typically required for a deed to be approved for recordation, even if it is otherwise valid between the grantor and grantee.
nnnn• The term “notary public” is consistently associated with “acknowledgment” in legal and real estate contexts.
nnnn• Endorsement refers to the act of signing the back of a negotiable instrument, like a check, to transfer it.
nnnn• A warranty is a promise or guarantee included in a contract, such as a seller guaranteeing clear title in a warranty deed.
nnnn• A guaranty of performance relates to ensuring that an obligation will be fulfilled, often by a third party, and is not the term for a formal declaration of execution.
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