Irvine California Quitclaim Deed from Husband and Wife to Husband and Wife

State:
California
City:
Irvine
Control #:
CA-017-77
Format:
Word; 
Rich Text
Instant download

Description

This form is a Quitclaim Deed where the grantors are husband and wife and the grantees are husband and wife. Grantors convey and quitclaim the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. This deed complies with all state statutory laws.

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FAQ

You will need to have the quitclaim deed notarized with the signatures of you and your spouse. Once this is done, the quitclaim deed replaces your former deed and the property officially is in both of your names. You must record the deed at your county office.

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.

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.

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.

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.

A California quitclaim deed form is a special type of deed used to transfer real estate without making guarantees about title to the property. A person that transfers property by quitclaim deed makes no promises that he or she owns or has clear title to the property.

Property and debts acquired during a marriage are joint property in California. This means that each spouse has equal rights and responsibilities in the marital home and any mortgage that's secured by it. When a spouse signs a quit claim deed, he gives up all rights to 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.

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.

If real estate qualifies as separate property, a married individual may take title in his or her name alone. The deed should recite that the property belongs to that spouse as separate property. Although not a strict legal requirement, it is best practice for both spouses to also sign a Separate Property Agreement.

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In California, property acquired while married is community property. In effect, you'll be adding your spouse to the deed.Married couples and domestic partners can hold the title to real estate as community property. If you have a lien on a deed of trust in the name of a husband and wife as joint tenants and the wife dies, how do you change?

When a person dies without leaving a will, most state probate courts will assume that the spouse's assets will be divided between the parents at the time of the spouse's death and the surviving spouse. You would need to have a special court order to change the title and/or the allocation of the estate. If the deceased person had a will, the spouse would have to sign the will and would be protected from a will. Your attorney will review your probate documents to determine whether you may have a claim to ownership of the property. The estate of the deceased could include your spouse's or child's bank accounts, stocks, shares, and other assets. In many cases, the surviving spouse (who is usually the adult) who is likely to benefit, can establish the claim. However, the other spouse might have an irreconcilable difference and can't prove their claim.

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Irvine California Quitclaim Deed from Husband and Wife to Husband and Wife