San Jose California Grant Deed from Individual to Individual

State:
California
City:
San Jose
Control #:
CA-02-78
Format:
Word; 
Rich Text
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Description

This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee 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.

A San Jose California Grant Deed from Individual to Individual is a legally binding document that transfers ownership of real property from one individual to another within the city of San Jose, California. It serves as the primary instrument for transferring title to real estate. This deed is employed when an individual, referred to as the granter, wishes to convey their interest in a property to another individual, known as the grantee. The granter willingly relinquishes their ownership rights and grants the grantee full ownership and possession of the property. The grant deed ensures that the grantee has clear title and the right to sell, mortgage, or transfer the property in the future. The San Jose California Grant Deed from Individual to Individual contains specific information to ensure its validity and clarity. It includes the names and addresses of both the granter and grantee, as well as a description of the property being transferred. The description typically includes the property's address, legal description, and assessor's parcel number (APN), providing a precise identification of the land being conveyed. There are different types of grant deeds that can be used in San Jose, California, depending on the circumstances of the property transfer: 1. General Grant Deed: This is the most common type of grant deed, which guarantees that the granter has the right to sell the property, free from any undisclosed claims or encumbrances. It provides a broad warranty of title, offering the highest level of protection to the grantee. 2. Special Grant Deed: This type of grant deed offers a limited warranty of title, as the granter only guarantees that they have not incurred any encumbrances during their ownership of the property. This means that the granter is not responsible for any claims arising prior to their ownership. 3. Quitclaim Deed: Although not technically a grant deed, a quitclaim deed may also be used for individual-to-individual transfers. However, unlike the grant deeds mentioned earlier, a quitclaim deed does not provide any warranties or guarantees regarding the title. It simply transfers whatever interest the granter has in the property to the grantee, without asserting or clarifying the quality of that ownership interest. It is essential to consult with a qualified real estate attorney or title company to ensure the proper completion and recording of the San Jose California Grant Deed from Individual to Individual. The document should be signed and notarized by both the granter and grantee, and subsequently filed with the County Recorder's Office to be officially recorded and establish a public record of the transfer.

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FAQ

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.

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.

California uses two types of deeds to change ownership of real property: grant deeds and quitclaim deeds. Further names such as warranty deed, interspousal deed, or trust transfer deed are simply special identification given to grant deeds or quitclaim deeds based on specific circumstances.

Recording Fee for Grant DeedType of FeeFeeBase Fee G.C. § 27361(a) G.C. § 27361.4(a) G.C. § 27361.4(b) G.C. § 27361.4(c) G.C. § 27361(d)(1) G.C. § 27397 (c) Subsection 1$15.005 more rows

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.

Documents are recorded within two (2) business days of receipt of the document. The average turnaround time for a document submitted for recording is 30 days.

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.

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.

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.

Step 1: Locate the Current Deed for the Property.Step 2: Determine What Type of Deed to Fill Out for Your Situation.Step 3: Determine How New Owners Will Take Title. Step 4: Fill Out the New Deed (Do Not Sign)Step 5: Grantor(s) Sign in Front of a Notary.Step 6: Fill Out the Preliminary Change of Ownership Report (PCOR)

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When is Business Personal Property appraised? Updated October 07, 2021.The Financial Aid Office is open for In-Person Services. Have questions about completing your financial aid file? Two of the most common ways to transfer property in a divorce are through an interspousal transfer deed or quitclaim deed. Once we receive your FAFSA information, we will send you an e-mail requesting additional documents to complete your file. California College Promise Grant (CCPG). Title insurance and escrow aren't subjects you discuss every day. Santa Clara County, California. Results from the 1990 U.S. Census indicated that San Jose surpassed San Francisco as the most populous city in the Bay Area for the first time.

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San Jose California Grant Deed from Individual to Individual