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The grant deed is the most common instrument of conveyance in California. It may be written or typed, but is valid as long as it lists a grantor and a grantee, a description of the property being transferred and a statement transferring an ownership interest from the grantor to the grantee.
Fill out the form. Complete the form using a typewriter or by printing neatly using black ink. Sign in front of a notary. Get a Preliminary Change of Ownership Report (PCOR). File the forms. Give the deed to the grantee.
Research quit claim deed requirements in your area. Obtain the proper form. Get a legal description of your property. Fill out the form. File the form with the county. When to Use a Quit Claim Deed. Questions?
When done properly, a deed is recorded anywhere from two weeks to three months after closing. However, there are many instances where deeds are not properly recorded. Title agents commit errors, lose deeds, and even go out of business. Even county offices sometimes fail to record deeds that were properly submitted.
A person who signs a quitclaim deed to transfer property they do not own results in no title at all being transferred since there is no actual ownership interest. The quitclaim deed only transfers the type of title you own.
The Quit Claim Deed form uses the terms of Grantor (Seller or Owner of said property) and Grantee (Buyer of said property) for the two parties involved. First, the parties must fill in the date. Then, write in the name of the county and state in which the property is located.
Quitclaim deeds are most often used to transfer property between family members. Examples include when an owner gets married and wants to add a spouse's name to the title or deed, or when the owners get divorced and one spouse's name is removed from the title or deed.
Write the Deed Fill out the quit claim deed form, which can be obtained online, or write your own using the form as a guide. The person giving up the interest in the property is the grantor, and the person receiving the interest is the grantee.
Filing a quitclaim deed is a right of any property owner. You can file a quitclaim deed without refinancing your mortgage, but you are still responsible for the payments. Transferring the mortgage without refinancing is possible through an assumption of the loan, which requires lender approval.