This deed, or deed-related form, is for use in property transactions in the designated state. This document, a sample Grant Deed, can be used in the transfer process or related task. Adapt the language to fit your circumstances. Available for download now in standard format(s). USLF control no. CA-01870
A grant deed is a legal document used in the transfer of real property from one party to another in Riverside, California. This type of deed ensures that the seller (granter) guarantees that they hold legal ownership of the property and grants it to the buyer (grantee) without any undisclosed encumbrances. In Riverside, California, there are two common types of grant deeds: 1. Statutory Grant Deed: This is the most common type of grant deed used in Riverside, California. It includes statutory language that implies several warranties, including the granter's ownership of the property, freedom from undisclosed encumbrances, and the granter's promise to defend the title against any claims that may arise. A statutory grant deed is often preferred by buyers as it offers a higher level of protection. 2. Quitclaim Deed: While not technically a grant deed, the quitclaim deed is commonly used in Riverside, California, for property transfers. Unlike a statutory grant deed, a quitclaim deed does not provide any warranties or guarantees regarding the property's ownership or freedom from encumbrances. It simply transfers the granter's interest, if any, in the property to the grantee. Quitclaim deeds are often used in less formal situations, such as transferring property between family members or divorcing spouses. In Riverside, California, both grant deeds are commonly used to convey real estate, but the statutory grant deed is generally preferred due to the protection it offers to the buyer. When engaging in a real estate transaction in Riverside, California, it is crucial to consult with a knowledgeable real estate attorney or a title company to ensure the proper use of the appropriate grant deed type and to understand the legal implications associated with each type.A grant deed is a legal document used in the transfer of real property from one party to another in Riverside, California. This type of deed ensures that the seller (granter) guarantees that they hold legal ownership of the property and grants it to the buyer (grantee) without any undisclosed encumbrances. In Riverside, California, there are two common types of grant deeds: 1. Statutory Grant Deed: This is the most common type of grant deed used in Riverside, California. It includes statutory language that implies several warranties, including the granter's ownership of the property, freedom from undisclosed encumbrances, and the granter's promise to defend the title against any claims that may arise. A statutory grant deed is often preferred by buyers as it offers a higher level of protection. 2. Quitclaim Deed: While not technically a grant deed, the quitclaim deed is commonly used in Riverside, California, for property transfers. Unlike a statutory grant deed, a quitclaim deed does not provide any warranties or guarantees regarding the property's ownership or freedom from encumbrances. It simply transfers the granter's interest, if any, in the property to the grantee. Quitclaim deeds are often used in less formal situations, such as transferring property between family members or divorcing spouses. In Riverside, California, both grant deeds are commonly used to convey real estate, but the statutory grant deed is generally preferred due to the protection it offers to the buyer. When engaging in a real estate transaction in Riverside, California, it is crucial to consult with a knowledgeable real estate attorney or a title company to ensure the proper use of the appropriate grant deed type and to understand the legal implications associated with each type.
