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California Quitclaim Deed from a Limited Liability Company to a...

Bakersfield California Quitclaim Deed from a Limited Liability Company to a Husband and Wife

Name: Bakersfield California Quitclaim Deed from a Limited Liability Company to a Husband and Wife
Brand: US Legal Forms
Rating: 4.81 (205 reviews)

Category:

California Real Estate - Deeds - Quitclaims

State:

California

City:

Bakersfield

Control #:

CA-042-77

Format:

Instant download

Description

This form is a Quitclaim Deed where the Grantor is a limited liability company and the Grantees are Husband and Wife. Grantor conveys and quitclaims the described property to Grantees. Grantees take the property as community property, community property with the right of survivorship, joint tenants with the right of survivorship or as tenants in common. This deed complies with all state statutory laws.

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FAQ

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.

You will need to have the quitclaim deed notarized with the signatures of you and your spouse. Once this is done, the quitclaim deed replaces your former deed and the property officially is in both of your names. You must record the deed at your county office.

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.

If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.

In which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is 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.

Property and debts acquired during a marriage are joint property in California. This means that each spouse has equal rights and responsibilities in the marital home and any mortgage that's secured by it. When a spouse signs a quit claim deed, he gives up all rights to the property.

We recommend you consult with an experienced real estate lawyer for professional advice as each circumstance is unique. (Please note, the fee for our office to add someone to your deed is $650.00, plus recording costs and documentary stamps ? recordings costs are normally less than $50.00.)

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.

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.

In which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is valid.

Interesting Questions

More info

, Bakersfield, California 93309 and at 16000. Housing GP, LLC.) Govalle Affordable Housing GP, LLC a Texas limited liability company.(General Partner of Owner).

Bakersfield California Quitclaim Deed from a Limited Liability Company to a Husband and Wife

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FAQ

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

Can I add my wife to the deed after quitclaim deed?

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

How can I put my wifes name on my house?

In which of the following situations could a quitclaim deed not be used?

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

Does a spouse have the right to property after signing a quit claim deed in California?

How much does it cost to add a name to a deed in Florida?

What is a transfer deed in California?

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

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

Can I add my wife to the deed after quitclaim deed?

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

How can I put my wifes name on my house?

In which of the following situations could a quitclaim deed not be used?

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

Does a spouse have the right to property after signing a quit claim deed in California?

How much does it cost to add a name to a deed in Florida?

What is a transfer deed in California?

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

Interesting Questions

What is a quitclaim deed?

Who can use a quitclaim deed?

Can a Limited Liability Company (LLC) use a quitclaim deed?

What is the process of transferring property through a quitclaim deed?

Are there any warranties or guarantees provided by a quitclaim deed?

Can a quitclaim deed be used to transfer property between spouses?

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