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California Quitclaim Deed from an Individual and a Trust to a Trust

Fontana California Quitclaim Deed from an Individual and a Trust to a Trust

Name: Fontana California Quitclaim Deed from an Individual and a Trust to a Trust
Brand: US Legal Forms
Rating: 4.63 (334 reviews)

Category:

California Real Estate - Deeds - Quitclaims

State:

California

City:

Fontana

Control #:

CA-041-77

Format:

Instant download

Description

This form is a Quitclaim Deed where the Grantors are an individual and a trust and the Grantee is a trust. Grantors convey and quitclaim the described property to Grantee. This deed complies with all state statutory laws.

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How to fill out Fontana California Quitclaim Deed From An Individual And A Trust To A Trust?

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FAQ

Recording Fee for Quitclaim 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$15.004 more rows

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.

The difference between a deed and a deed of trust is the type of ownership interest each document conveys. A deed is a full ownership interest. A deed of trust is a security interest.

Both types of legal documents serve the same function of transferring ownership of real property. The fundamental difference between quitclaim deeds and grant deeds is the level of protection and warranty provided to the grantee.

A trust transfer deed is the instrument that effectuates the transfer of ownership of your real-estate from you, as an individual, to your trust. The process of creating and then recording a trust transfer deed is how your property becomes a trust asset (thereby avoiding probate, among other benefits).

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.

The California quitclaim deed form gives the new owner whatever interest the current owner has in the property when the deed is signed and delivered. It makes no promises about whether the current owner has clear title to the property.

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 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.

Fontana California Quitclaim Deed from an Individual and a Trust to a Trust

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How much does it cost to file a quit claim deed in California?

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What is the difference between a deed and a trust deed?

What is the difference between a deed and a grant deed in California?

What is a trust transfer deed California?

What is the most commonly used deed to transfer property in California?

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What are the 2 main types of deeds to transfer property in California?

What is the difference between a quitclaim deed and a grant deed in California?

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