Santa Clara California Grant Deed from Individual to Husband and Wife with Reservation of Mineral Rights - Transfer

State:
California
County:
Santa Clara
Control #:
CA-01-78
Format:
Word; 
Rich Text
Instant download

Description

This Warranty Deed from Individual to Husband and Wife form is a Warranty Deed where the Grantor is an individual and the Grantees are husband and wife. Grantor conveys and warrants the described property to Grantees less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all applicable state statutory laws.

A Santa Clara California Grant Deed from Individual to Husband and Wife with Reservation of Mineral Rights — Transfer is a legal document that enables an individual to transfer ownership of real estate to a husband and wife while reserving mineral rights. This type of deed serves to convey ownership while ensuring that the granter retains the rights to any minerals found or extracted from the property. The Santa Clara California Grant Deed from Individual to Husband and Wife with Reservation of Mineral Rights — Transfer is an essential legal instrument in real estate transactions, providing a clear and comprehensive record of ownership transfer and mineral rights reservation. It safeguards the interests of both the granter and the grantee, ensuring a smooth and legally valid transfer of property. There are various types of Santa Clara California Grant Deeds from Individual to Husband and Wife with Reservation of Mineral Rights — Transfers, each designed to cater to specific situations. Some notable variations include: 1. Traditional Grant Deed: In this type of transfer, the granter legally conveys their real estate ownership to the husband and wife while reserving mineral rights. This is the most common and straightforward version of the deed. 2. Joint Tenancy Grant Deed: A joint tenancy grant deed allows the granter to transfer ownership to the husband and wife as joint tenants, with equal shares of the property. In this case, the mineral rights are also reserved. 3. Tenancy in Common Grant Deed: A tenancy in common grant deed enables the granter to transfer the property to the husband and wife as tenants in common, with distinct ownership percentages. Here also, the mineral rights can be reserved. 4. Enhanced Life Estate Grant Deed: Also known as a "Lady Bird Deed," this type of grant deed allows the granter (usually an individual) to transfer the property to the husband and wife while retaining a life estate. The life estate grants the granter the right to use and occupy the property during their lifetime, with ownership automatically transferring to the beneficiaries (the husband and wife) upon the granter's death. Mineral rights can be reserved in this variation of the deed as well. In summary, a Santa Clara California Grant Deed from Individual to Husband and Wife with Reservation of Mineral Rights — Transfer is a legal instrument that facilitates the smooth transfer of property ownership while reserving the granter's mineral rights. With various types of deeds catering to different ownership structures, it is essential to choose the appropriate variation that aligns with the specific requirements of the transaction.

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How to fill out Santa Clara California Grant Deed From Individual To Husband And Wife With Reservation Of Mineral Rights - Transfer?

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FAQ

How to transfer property ownership Identify the donee or recipient. Discuss terms and conditions with that person. Complete a change of ownership form. Change the title on the deed. Hire a real estate attorney to prepare the deed. Notarize and file the deed.

Today, Californians most often transfer title to real property by a simple written instrument, the grant deed. The word ?grant? is expressly designated by statute as a word of conveyance. (Civil Code Section 1092) A second form of deed is the quitclaim deed.

Contrary to normal expectations, the Deed DOES NOT have to be recorded to be effective or to show delivery, and because of that, the Deed DOES NOT have to be signed in front of a Notary Public. However, if you plan to record it, then it does have to be notarized as that is a County Recorder requirement.

Calculating real property transfer tax is straightforward. Currently, most counties charge $1.10 per $1000 value of transferred real property in California. For example, on real property valued at $20,000, the county documentary tax would be $22.00.

How to transfer property ownership Identify the donee or recipient. Discuss terms and conditions with that person. Complete a change of ownership form. Change the title on the deed. Hire a real estate attorney to prepare the deed. Notarize and file the deed.

The California TOD deed form allows property to be automatically transferred to a new owner when the current owner dies, without the need to go through probate. It also gives the current owner retained control over the property, including the right to change his or her mind about the transfer.

A deed is evidence of a specific event of transferring the title of the property from one person to another. A title is the legal right to use and modify the property how you see fit, or transfer interest or any portion that you own to others via a deed. A deed represents the right of the owner to claim the property.

In California, quitclaim deeds are commonly used between spouses, relatives, or if a property owner is transferring his or her property into his or her trust. A grant deed is commonly used in most arms-length real estate transactions not involving family members or spouses.

Both types of legal documents serve the same function of transferring ownership of real property. The fundamental difference between quitclaim deeds and grant deeds is the level of protection and warranty provided to the grantee.

California mainly uses two types of deeds: the ?grant deed? and the ?quitclaim deed.? Most other deeds you will see, such as the common ?interspousal transfer deed,? are versions of grant or quitclaim deeds customized for specific circumstances.

Interesting Questions

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Who Owns the Mineral Rights for a Parcel of Land? 1262, set out in the Appendix to Title 5, Government Organization and Employees.(1) The transfer of any taxable possessory interest. The following Resolutions accepting Deeds; directing the City. Within the Quinault Reservation ; and. WHEREAS.

The City of Los Angeles. , hereby passes over, conveys, and assigned to the Province of Quebec all the lands which have been and now are set apart, within its limits, as part of the said Province of Quebec, and which are in the possession of any person, individual, or corporation, for the purpose of settlement and subdivision ; and WHEREAS. Any person, individual, or corporation, owning such lands and the rights thereto, shall pay, and pay yearly, a duty of 5 per centum upon the assessed value thereof; and WHEREAS. These Deeds of the City of Los Angeles (the “Deeds”) shall be held in trust by the City of Los Angeles, on behalf of the Province of Quebec, and the Province of Quebec shall be able to convey and convey the same from time to time within ten years after their passing, to any person, individual, or corporation, owning rights in the same, for consideration equal to the value of the Deeds conveyed ; and WHEREAS.

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Santa Clara California Grant Deed from Individual to Husband and Wife with Reservation of Mineral Rights - Transfer