This form is a Grant Deed where the grantors are three individuals and the grantee is a trust. Grantors conveys and grant the described property to trustee of the grantee. This deed complies with all state statutory laws.
Antioch California Grant Deed — Three Individuals to Trust is a legal document used to transfer ownership of real property in Antioch, California from three individuals to a trust. This type of grant deed ensures that the property is held in the name of the trust, providing the trust beneficiaries with legal protection and governing the distribution of assets. When three individuals transfer property to a trust in Antioch, California, there are various types of Antioch California Grant Deeds — Three Individuals to Trust that can be used. Some commonly used types include: 1. Joint Tenancy with Right of Survivorship: This type of grant deed allows the three individuals to transfer the property to the trust, with the provision that if one of the individuals passes away, their interest in the property automatically transfers to the surviving co-owners. This ensures that the property is not subject to probate and simplifies the process of passing ownership to the surviving individuals. 2. Tenants in Common: In this type of grant deed, each of the three individuals owns a distinct and separate share of the property. They can choose to transfer their interests into the trust, specifying the percentage of ownership each individual holds. With tenants in common, each individual can specify their beneficiaries, allowing the distribution of their share to be controlled by the trust upon their passing. 3. Community Property with Right of Survivorship: This type of grant deed is applicable when the three individuals are a married couple, transferring their community property into the trust. Community property with the right of survivorship ensures that if one spouse passes away, their share of the property automatically transfers to the surviving spouse, bypassing probate. It is important to note that these are just a few examples of Antioch California Grant Deed — Three Individuals to Trust variations. The specific type used will depend on the unique circumstances and preferences of the three individuals involved. It is advisable to consult with a qualified attorney or real estate professional to determine the most suitable option for transferring property to a trust in Antioch, California.Antioch California Grant Deed — Three Individuals to Trust is a legal document used to transfer ownership of real property in Antioch, California from three individuals to a trust. This type of grant deed ensures that the property is held in the name of the trust, providing the trust beneficiaries with legal protection and governing the distribution of assets. When three individuals transfer property to a trust in Antioch, California, there are various types of Antioch California Grant Deeds — Three Individuals to Trust that can be used. Some commonly used types include: 1. Joint Tenancy with Right of Survivorship: This type of grant deed allows the three individuals to transfer the property to the trust, with the provision that if one of the individuals passes away, their interest in the property automatically transfers to the surviving co-owners. This ensures that the property is not subject to probate and simplifies the process of passing ownership to the surviving individuals. 2. Tenants in Common: In this type of grant deed, each of the three individuals owns a distinct and separate share of the property. They can choose to transfer their interests into the trust, specifying the percentage of ownership each individual holds. With tenants in common, each individual can specify their beneficiaries, allowing the distribution of their share to be controlled by the trust upon their passing. 3. Community Property with Right of Survivorship: This type of grant deed is applicable when the three individuals are a married couple, transferring their community property into the trust. Community property with the right of survivorship ensures that if one spouse passes away, their share of the property automatically transfers to the surviving spouse, bypassing probate. It is important to note that these are just a few examples of Antioch California Grant Deed — Three Individuals to Trust variations. The specific type used will depend on the unique circumstances and preferences of the three individuals involved. It is advisable to consult with a qualified attorney or real estate professional to determine the most suitable option for transferring property to a trust in Antioch, California.