Alameda California Deed of Rescission - Individual to Individual

State:
California
County:
Alameda
Control #:
CA-030-78
Format:
Word; 
Rich Text
Instant download

Description

This form is a Deed of Rescission where the Grantor is an individual and the Grantee is an individual. The parties are rescinding or unwinding a prior transfer of the subject property. Grantor conveys and grants the described property to the Grantee. Grantor will defend and warrant the property only as to those claiming by through and under him and not otherwise. This deed complies with all state statutory laws.

The Alameda California Deed of Rescission — Individual to Individual is a legal document that allows individuals in Alameda, California to cancel or annul a previously executed real estate deed between two private parties. This deed serves as a formal agreement to reverse the initial transaction and restore the parties involved to their original rights and obligations prior to the deed's execution. The Alameda California Deed of Rescission — Individual to Individual is an essential legal tool in situations where a property sale needs to be undone due to various reasons. Some common circumstances that may require the use of this deed include mistaken identity, fraud, non-disclosure of material defects, or simply the mutual agreement between the buyer and seller to terminate the transaction. By filing the Alameda California Deed of Rescission — Individual to Individual, both parties acknowledge their intent to undo the original transaction and release each other from any further obligations related to the sale. This deed must be executed voluntarily and with the consent of all parties involved. It is important to note that the Alameda California Deed of Rescission — Individual to Individual is specific to real estate deeds between individual parties. There may be additional variations or specific types of rescission deeds depending on the nature of the original transaction or the parties involved. Some potential types of rescission deeds related to real estate in Alameda, California can include: 1. Alameda California Deed of Rescission — Individual to Corporation: This deed is used when an individual sells a property to a corporation, but both parties agree to reverse the transaction. 2. Alameda California Deed of Rescission — Individual to Trust: This deed is employed in cases where a property is sold by an individual to a trust, and then the parties decide to nullify the sale. 3. Alameda California Deed of Rescission — Joint Tenancy: This type of deed is utilized when two or more individuals hold property as joint tenants and decide to rescind the joint tenancy ownership. In conclusion, the Alameda California Deed of Rescission — Individual to Individual allows individuals in Alameda, California, to retract a real estate deed previously executed between them. This legal document is crucial in undoing a property sale due to various circumstances, and different types of rescission deeds exist based on the parties involved or the nature of the original transaction. It is essential to consult with a qualified attorney or real estate professional to draft and execute the deed accurately.

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FAQ

Clerk-Recorder's Office - Alameda County. As of , our Clerk-Recorder's Tri-Valley and Oakland offices are both open for in-person services.

When property changes owners, the County Assessor's Office has a form that must be filed to update the tax records. You can submit this form when you go to record your deed at the Alameda County Clerk-Recorder's Office. It is forwarded to the Assessor's Office. The Alameda County PCOR form can be downloaded HERE.

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.

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.

In addition to the basic recording fee of $89.00 for the first page and $3.00 for each page thereafter, there are other fees which may be due on deeds and leases. Collection of fees include: Documentary Transfer Tax. City Real Property Transfer Tax.

How to transfer property ownership Identify the donee or recipient. Discuss terms and conditions with that person. Complete a change of ownership form. Change the title on the deed. Hire a real estate attorney to prepare the deed. Notarize and file the deed.

You can arrange to legally transfer the deed to your house to your children before you die. To do so, you sign a deed transfer and record it with the county recorder's office. There are a few types of deeds that accomplish this in California, including a quitclaim deed, grant deed and transfer on death deed.

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.

How to transfer property ownership Identify the donee or recipient. Discuss terms and conditions with that person. Complete a change of ownership form. Change the title on the deed. Hire a real estate attorney to prepare the deed. Notarize and file the deed.

More info

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Alameda California Deed of Rescission - Individual to Individual