Grant Deed

State:
California
County:
Orange
Control #:
CA-010-78
Format:
Word; 
Rich Text
Instant download

Description

This Warranty Deed from Corporation to Husband and Wife form is a Warranty Deed where the Grantor is a corporation 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.


Title: Orange California Grant Deed from Corporation to Husband and Wife — A Comprehensive Overview Description: An Orange California Grant Deed is a legally binding document that facilitates the transfer of property from a corporation to a husband and wife. This write-up provides a detailed description of what these grant deeds entail, outlining key information and incorporating relevant keywords such as "Orange California Grant Deed," "corporation," "husband and wife," and variations thereof. Keywords: — Orange California Grant Dee— - Corporation — Husband and Wife - Grant Deed from Corporation — California properttransferfe— - Legal document — Real estate transactio— - Orange County deed transfer Types of Orange California Grant Deeds from Corporation to Husband and Wife: 1. General/Standard Grant Deed: This type of grant deed transfers real property ownership from a corporation to a husband and wife without any expressed warranties. It guarantees that the corporation holds the property title but does not provide assurances regarding potential encumbrances. 2. Special Warranty Grant Deed: The Special Warranty Grant Deed also transfers property ownership, but the corporation provides limited warranties. It assures that the property owned by the corporation during its ownership has not incurred any encumbrances, except those specifically mentioned in the deed. 3. Bargain and Sale Deed: Similar to the standard grant deed, this type of deed transfers ownership without warranties. However, it implies that the corporation holds the title and possesses the legal authority to transfer the property to the husband and wife, without necessarily disclosing any encumbrances. 4. Grant Deed with Encumbrances: This specific type of grant deed discloses any known encumbrances on the property being transferred. It ensures that the husband and wife are aware of any existing liens, mortgages, or other legal claims associated with the property. 5. Quitclaim Deed: Though not necessarily a grant deed, the Quitclaim Deed is also commonly used for property transfers. It offers the least protection to the buyer, as it merely transfers the ownership interest held by the corporation to the husband and wife, without providing any warranties or guaranteeing the corporation's ownership rights. Conclusion: In summary, an Orange California Grant Deed from Corporation to Husband and Wife is a vital legal document facilitating the transfer of property ownership from a corporation to a married couple. Variations of this grant deed include the General/Standard Grant Deed, Special Warranty Grant Deed, Bargain and Sale Deed, Grant Deed with Encumbrances, and the Quitclaim Deed. Engaging legal assistance during this process is highly recommended ensuring a smooth and legally compliant property transfer transaction.

Title: Orange California Grant Deed from Corporation to Husband and Wife — A Comprehensive Overview Description: An Orange California Grant Deed is a legally binding document that facilitates the transfer of property from a corporation to a husband and wife. This write-up provides a detailed description of what these grant deeds entail, outlining key information and incorporating relevant keywords such as "Orange California Grant Deed," "corporation," "husband and wife," and variations thereof. Keywords: — Orange California Grant Dee— - Corporation — Husband and Wife - Grant Deed from Corporation — California properttransferfe— - Legal document — Real estate transactio— - Orange County deed transfer Types of Orange California Grant Deeds from Corporation to Husband and Wife: 1. General/Standard Grant Deed: This type of grant deed transfers real property ownership from a corporation to a husband and wife without any expressed warranties. It guarantees that the corporation holds the property title but does not provide assurances regarding potential encumbrances. 2. Special Warranty Grant Deed: The Special Warranty Grant Deed also transfers property ownership, but the corporation provides limited warranties. It assures that the property owned by the corporation during its ownership has not incurred any encumbrances, except those specifically mentioned in the deed. 3. Bargain and Sale Deed: Similar to the standard grant deed, this type of deed transfers ownership without warranties. However, it implies that the corporation holds the title and possesses the legal authority to transfer the property to the husband and wife, without necessarily disclosing any encumbrances. 4. Grant Deed with Encumbrances: This specific type of grant deed discloses any known encumbrances on the property being transferred. It ensures that the husband and wife are aware of any existing liens, mortgages, or other legal claims associated with the property. 5. Quitclaim Deed: Though not necessarily a grant deed, the Quitclaim Deed is also commonly used for property transfers. It offers the least protection to the buyer, as it merely transfers the ownership interest held by the corporation to the husband and wife, without providing any warranties or guaranteeing the corporation's ownership rights. Conclusion: In summary, an Orange California Grant Deed from Corporation to Husband and Wife is a vital legal document facilitating the transfer of property ownership from a corporation to a married couple. Variations of this grant deed include the General/Standard Grant Deed, Special Warranty Grant Deed, Bargain and Sale Deed, Grant Deed with Encumbrances, and the Quitclaim Deed. Engaging legal assistance during this process is highly recommended ensuring a smooth and legally compliant property transfer transaction.

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FAQ

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.

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.

To do this in California, you will need a copy of the current deed ? for San Francisco property, visit the assessor-recorder's office in city hall ? as well as a preliminary change of ownership report form and a new grant deed form. You can find the forms online at a court or county law library website.

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.

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.

It usually takes four to six weeks to complete the legal processes involved in the transfer of title.

The grant deed is used when a person who is on the current deed transfers ownership or adds a new owner. The grantor (donor or seller) promises that all rights to the property are being transferred?there are no hidden owners or easements.

An interspousal transfer deed, more technically called an interspousal transfer grant deed, is a legal document used to give sole ownership of shared property, such as a house, to one person in a marriage. They are commonly employed in divorce cases to transfer community property to one spouse.

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A quitclaim deed is often used in divorces or inheritance situations, when a spouse or heir gives up any potential rights to real estate. Is it possible to use a grant deed to add additional names to the ownership of a property?Completing a Quitclaim Deed form transfers the property title to the spouse that will retain the property. A deed between spouses may be a quitclaim deed, as in a divorce, or a grant deed, for example adding a new spouse to the title of a house. A deed is the legal name for the document which transfers ownership of real estate. Grant Deed - Into or Out of Trust San Bernardino County . California has very specific requirements for notarizing documents. The documentary transfer tax is due even if the instrument is not recorded in the county real estate records. Only applicable when two deeds are recorded concurrently. Once you locate the current deed, you should find the legal description of property.

The description is a record of ownership (which may be a deed×. The description typically lists the amount, date of transfer and the owner or tenants. The words “to be recorded in the proper Register [refer to list of County Registrars] generally will be used in this manner. The words “in force,” “valid” or “validly made” (when applicable) will also appear as the “certificate of title” for one-half the amount of the deed (including the value of the property, if applicable×. All parties to the deed should read the description and give written consent to appear on the document by the date of transfer (if applicable×. There is no state residency requirement for notarizing your document. The state of California's notary commission must be in place to issue the certificate of title.

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Grant Deed