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

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

Name: Long Beach 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:

Long Beach

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 Long Beach 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

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.

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.

Once you have filled out a California quitclaim deed, you will need to get it notarized. Next, you will need to need to visit your appropriate local government office to file some paperwork. Depending on your county of sale, that may be a Recorder's office, a County Clerk's Office, or an Assessor's office.

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.

File the forms. The recording fee will vary by county, but you can expect as a range to pay between $6 and $21 for the first page and $3 for any additional page. In Sacramento County, for example, the Recorder charges $21 for the first page and $3 for each additional page for recording.

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.

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.

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.

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Words in the deed such as "Bill and Mary, husband and wife as community property" establish community property ownership. The grant was made subject to certain statutory trusts which are set forth in the margin.Our Long Beach lawyers help businesses and individuals with their legal needs. The operative language simply granted to the city, in trust, ". . . All of the right, title and interest of the State of California . . .

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

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FAQ

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

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

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

Does a quitclaim deed need to be notarized in California?

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

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

What is a transfer deed in California?

What is the purpose of a quit claim deed?

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

How does a quit claim deed work in California?

Interesting Questions

What is a quitclaim deed?

Why would someone use a quitclaim deed to transfer property?

How does the process of transferring property with a quitclaim deed work?

Can a property be transferred from an individual to a trust using a quitclaim deed?

What is the difference between an individual and a trust as grantors or grantees in a quitclaim deed?

Are there any taxes or fees associated with transferring property using a quitclaim deed?

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