This form is a Grant Deed where the Gantors are two individuals and the Grantees are two individuals. Grantors convey and grant the described property to Grantees. The Grantees take the property as tenants in common or joint tenants with the right of survivorship. This deed complies with all state statutory laws.
A Daly City California Grant Deed is a legal document used to transfer ownership of real property from two individuals, known as the Granters, to two other individuals, referred to as the Grantees. This type of deed provides certain guarantees by the Granters to defend the title against any claims from other parties. The granters and grantees involved in the transfer of property in Daly City, California, must be clearly named and identified in the Grant Deed. The document typically includes their legal names, addresses, and other relevant identification details. There are different types or variations of Daly City California Grant Deeds that can be utilized in specific situations. Some of these include: 1. Joint Tenancy Grant Deed: This type of Grant Deed is used when the property is jointly owned by the Granters, and they wish to transfer their ownership rights to the Grantees equally. Each Grantee becomes a co-owner with an equal share, and if one Granter passes away, their share automatically transfers to the surviving owner(s). 2. Tenancy in Common Grant Deed: In situations where the Granters own the property as tenants in common, this type of Grant Deed is employed. Unlike joint tenancy, the ownership shares may not be equal. This means that if one owner dies, their share does not automatically transfer to the other owner(s). 3. Community Property Grant Deed: When the Granters are legally married or in a registered domestic partnership, and they acquired the property during the marriage or partnership, a Community Property Grant Deed is commonly used. This type of deed stipulates that the property belongs equally to both spouses or partners, and upon transfer, the Grantees inherit the same community property rights. Regardless of the specific type of Daly City California Grant Deed utilized, the document must include a clear legal description of the property being transferred. This usually includes the property's physical address, as well as a description of its boundaries, such as lot numbers, block numbers, and other identifiable characteristics. In addition to the above details, the Grant Deed typically includes pertinent information about the transaction, such as the purchase price, any existing encumbrances or liens on the property, and the necessary signatures of all parties involved, including notarization when required by California law. It is crucial for all parties involved to thoroughly review and understand the content of the Daly City California Grant Deed before signing, as it represents a legally binding agreement and transfer of property ownership rights. Consulting with a qualified real estate attorney or a professional title company is highly recommended ensuring a smooth and accurate transfer of property.A Daly City California Grant Deed is a legal document used to transfer ownership of real property from two individuals, known as the Granters, to two other individuals, referred to as the Grantees. This type of deed provides certain guarantees by the Granters to defend the title against any claims from other parties. The granters and grantees involved in the transfer of property in Daly City, California, must be clearly named and identified in the Grant Deed. The document typically includes their legal names, addresses, and other relevant identification details. There are different types or variations of Daly City California Grant Deeds that can be utilized in specific situations. Some of these include: 1. Joint Tenancy Grant Deed: This type of Grant Deed is used when the property is jointly owned by the Granters, and they wish to transfer their ownership rights to the Grantees equally. Each Grantee becomes a co-owner with an equal share, and if one Granter passes away, their share automatically transfers to the surviving owner(s). 2. Tenancy in Common Grant Deed: In situations where the Granters own the property as tenants in common, this type of Grant Deed is employed. Unlike joint tenancy, the ownership shares may not be equal. This means that if one owner dies, their share does not automatically transfer to the other owner(s). 3. Community Property Grant Deed: When the Granters are legally married or in a registered domestic partnership, and they acquired the property during the marriage or partnership, a Community Property Grant Deed is commonly used. This type of deed stipulates that the property belongs equally to both spouses or partners, and upon transfer, the Grantees inherit the same community property rights. Regardless of the specific type of Daly City California Grant Deed utilized, the document must include a clear legal description of the property being transferred. This usually includes the property's physical address, as well as a description of its boundaries, such as lot numbers, block numbers, and other identifiable characteristics. In addition to the above details, the Grant Deed typically includes pertinent information about the transaction, such as the purchase price, any existing encumbrances or liens on the property, and the necessary signatures of all parties involved, including notarization when required by California law. It is crucial for all parties involved to thoroughly review and understand the content of the Daly City California Grant Deed before signing, as it represents a legally binding agreement and transfer of property ownership rights. Consulting with a qualified real estate attorney or a professional title company is highly recommended ensuring a smooth and accurate transfer of property.
