Wild Deed

A wild deed is a signed and sealed legal document granting a particular right. It is recorded, but not connected, to the chain of title of a property; this could lead to serious problems if someone challenges the chain of title. The descriptor “wild” is affixed to this deed because it might be difficult to find. A grantor or grantee index search for this deed might not be apparent, and if a previous sale was not recorded, it could confound a later deed transfer. A subsequent purchase was not given constructive notice under a wild deed. There could be difficulties in enforcing a wild deed if it is sold to multiple buyers. In 2008, there were many “robo signing” mortgage problems that were not registered properly; this is a similar issue. Robo signing and wild deeds are serious problems within the mortgage industry.