UDEED was founded in 2005 by Aaron Romano to service the needs of individual property owners looking to transfer their properties into a newly created living trust document to avoid probate. Other changes like adding a spouse to the deed due to a new marriage, removing a spouse due to divorce or a deceased spouse can also be completed.
The single largest issue facing all deed preparers is the Unauthorized Practice of Law (“UPL”) which each state has its own iteration of the rule. UDEED follows the guidelines imposed by state laws to ensure each deed transfer will not create a cloud on the title down the road and that the property owner has the legal right to discuss their transfer with a licensed attorney regarding any aspect of the transaction they are having UDEED prepare. Going back in a time a bit, towards the latter part of 1999, Legalzoom® co- founders Brian Lee and Brian Liu met with Aaron to discuss creating a private label for their newly found company. Aaron developed proprietary software to integrate ordering methods and streamline deed processing to sync with the Legalzoom® model.
In August of 1997, Aaron created the first national deed preparation company called North American Deed Company that later became known as DeedPro which currently operates today under that same name.
DeedPro originally prepared deeds directly for attorneys, property owners and settlement service providers all in one entity. While it may appear that preparing deeds is relatively simple, the amount of work and time it takes to prepare deeds for a settlement service provider is less than the time it takes to prepare a deed for an individual property owner directly or through their attorney thus requiring Aaron to create two separate brands to market. DeedPro prepares deeds for title companies, mortgage lenders, lender service providers, settlement service providers and other entities that require deed preparation.
UDEED prepares deeds for attorneys and individual property owners directly.
20 years later, both companies operate under the same roof and continue to be the largest and best deed preparation companies in America. There are competitors to both companies that actually are clients as well. Aaron is working on the launch of a new type of deed preparation software that will be available to anyone called TitleRight. The launch of TitleRight is expected in early 2018. TitleRight will be the industry’s first online deed preparation software/API to enable anyone that wants to prepare a deed the ability to prepare any deed, all state/county forms for the deed and calculate any and all fees required to record. This can be done all through TitleRight for under $20 per deed. Far less money than going to a website to download a blank deed form that does not have the forms and fee metrics needed to record a deed.