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California Grant Deed from Corporation to Two Individuals

Bakersfield California Grant Deed from Corporation to Two Individuals

Name: Bakersfield California Grant Deed from Corporation to Two Individuals
Brand: US Legal Forms
Rating: 4.7 (356 reviews)

Category:

California Real Estate - Deeds - Grant

State:

California

City:

Bakersfield

Control #:

CA-014-78

Format:

Instant download

Description

This Warranty Deed from Corporation to Two Individuals form is a Warranty Deed where the Grantor is a corporation and the Grantees are two individuals. Grantors 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 state statutory laws.

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How to fill out Bakersfield California Grant Deed From Corporation To Two Individuals?

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FAQ

You'll need to transfer an interest by writing up another deed with the person's name on it. In California, you can use either a grant deed, a quitclaim deed or an interspousal deed, depending on your circumstances. Each one has its own requirements and works best in different circumstances.

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.

DEEDS IN GENERAL It must be in writing; 2. The parties must be properly described; 3. The parties must be competent to convey and capable of receiving the grant of the property; 4. The property conveyed must be described so as to distinguish it from other parcels of real property.; 5.

Code, §1217.) Thus, an unrecorded deed is valid as between the parties and as to all those who have notice thereof. (Cal.

While California does not require grant deeds to be recorded, almost all of them are in order to protect the grantee from any later transfer of the same property. As long as the grant deed is recorded, any potential purchaser would be on notice of the earlier sale to a new owner.

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.

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.

The defining feature of a California grant deed form is a limited warranty of title. A person who signs a grant deed provides the new owner with a limited warranty of title. This means that the person who is transferring the property only guarantees that he or she has done nothing to convey the property to anyone else.

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.

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.

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Deed: A grant deed in the form of Exhibit B hereto. Official website of the City of Philadelphia, includes information on municipal services, permits, licenses, and records for citizens and businesses.The building official may grant modifications in the applications of this title for individual cases, if he shall first find that:. 18 taking the deposition of Norik Naraghi and Rod Stiefvater during discovery for the Phase 4 trial;. 2. Pursuant to the California Revenue and Taxation Code Section 4675.

Bakersfield California Grant Deed from Corporation to Two Individuals

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FAQ

How do you add someone to a deed in California?

What is the most commonly used deed to transfer property in California?

What makes a grant deed valid in California?

Is an unrecorded deed valid in California?

Does a grant deed need to be recorded in California?

What is the difference between a quitclaim deed and a grant deed in California?

What are the 2 main types of deeds to transfer property in California?

How do grant deeds work in California?

What is the difference between a deed and a grant deed in California?

What is a transfer deed in California?

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What is a grant deed?

What is the purpose of a grant deed?

Who is the grantor and grantee in this grant deed?

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Bakersfield California Grant Deed from Corporation to Two Individuals

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