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California Quitclaim Deed - Trust to Husband and Wife

Bakersfield California Quitclaim Deed - Trust to Husband and Wife

Name: Bakersfield California Quitclaim Deed - Trust to Husband and Wife
Brand: US Legal Forms
Rating: 4.79 (328 reviews)

Category:

California Real Estate - Deeds - Quitclaims

State:

California

City:

Bakersfield

Control #:

CA-030-77

Format:

Instant download

Description

This form is a Quitclaim Deed where the grantor is a trust and the grantees are husband and wife. Grantor conveys and quitclaims the described property to grantees. Grantees take the property as community property with the right of survivorship, community property, joint tenants with the right of survivorship, or tenants in common. This deed complies with all state statutory laws.

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FAQ

Filing With the Clerk A quit claim deed should be filed with the Clerk of Court in the county where the property is located. This will involve taking the deed to the Clerk's office and paying the required filing fee (typically about $10.00 for a one-page quit claim deed).

An Arizona quit claim deed is used to transfer property from one person (grantor) to another (grantee) without any warranty as to whether the title is clear. In other words, the person transferring the property is not making any warranties against other claims to the property from others.

Keep in mind that if you sign the Quitclaim Deed giving him your legal rights in the home, you no longer have any legal rights to the home but you can still be financially responsible for the mortgage if your name is on the mortgage.

A deed in which a grantor disclaims all interest in a parcel of real property and then conveys that interest to a grantee. Unlike grantors in other types of deeds, the quitclaim grantor does not promise that his interest in the property is actually valid.

No guarantees to the new owner: Unlike a warranty deed, a quitclaim deed does not guarantee that a property is free from title defects such as tax liens or title claims from third parties. For this reason, it is a poor legal instrument to use when selling a piece of property for cash considerations.

The alternative spellings quit claim deed and quit-claim deed are generally acceptable?though used less frequently. Oklahoma legal professionals also use the word quitclaim as a verb indicating that an owner is transferring an interest without warranty. Release deed can be a synonym for quitclaim deed in some contexts.

If you have real estate in California that you want to convey or transfer to someone, you can use either a quitclaim deed or a warranty 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.

In fact, taxes may be due on a quit claim deed even when the property is transferred between spouses. With such transfers, if the property is mortgaged, then tax is generally due on half of the outstanding balance.

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Quitclaim Deeds can be complicated legal documents. Grantor signed, sealed, and delivered this Quit Claim Deed to Grantee on August 22, 2016.Quit Claim Deed: A Definition An interspousal transfer deed will transfer the title (or ownership) between a married couple. Thursday, September 3, 1942 EPTEMBER 3, 1942 19 Wanted to Buy—Automobile We pay top dollar for clenn cars with good tires.

Bakersfield California Quitclaim Deed - Trust to Husband and Wife

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What is a Quitclaim Deed?

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