California Gift Deed of Mineral Interest with No Warranty
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How to fill out Gift Deed Of Mineral Interest With No Warranty?
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FAQ
The main difference between a grant deed vs. warranty deed is the level of protection offered. A warranty deed offers a higher level of protection than a grant deed. With a grant deed, the grantor is guaranteeing that they haven't sold the property to anyone else, and that it is clear of any liens or restrictions.
160.0000 ASSESSEE Recordation is not required. Thus, an unrecorded deed is valid as between the parties and as to all those who have notice thereof.
A property title transfer in California looks like this: The signing of the purchase agreement. A title search is carried out. Escrow is opened. The buyer obtains title insurance. The deed is prepared (most commonly a grant deed). The grantor signs the deed in the presence of a notary public.
Because of inclusion of the word "grant" in a grant deed, the grantor impliedly warrants that he or she has not already conveyed to any other person and that the estate conveyed is free from encumbrances done, made or suffered by the grantor or any person claiming under grantor, including taxes, assessments and other ...
Warranty deeds are rare in California. A warranty deed contains express covenants of title. The special feature of warranty deeds is that the grantor promises to pay for any lawsuits or damages due to undisclosed ownership disputes.
A warranty deed protects the buyer and ensures that the seller holds a free and clear title to a property without any outstanding liens or mortgages. A warranty deed is a legal real estate document and protects the buyer against future claims to the title of the property.
A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.
Take both the quitclaim deed form and the PCOR to the County Recorder or Clerk's office and ask to file. You must pay a recording fee. The recording fee will vary by county, but you can expect as a range to pay between $6 and $21 for the first page and $3 for any additional page.
