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California Quitclaim Deed for a Time Share - Two Individuals...

Chula Vista California Quitclaim Deed for a Time Share - Two Individuals, or Husband and Wife, to One Individual

Name: Chula Vista California Quitclaim Deed for a Time Share - Two Individuals, or Husband and Wife, to One Individual
Brand: US Legal Forms
Rating: 4.73 (319 reviews)

Category:

California Real Estate - Deeds - Quitclaims Timeshare

State:

California

City:

Chula Vista

Control #:

CA-043-77

Format:

Instant download

Description

This form is a Quitclaim Deed for a Time Share where the grantors are husband and wife, or two individuals, and the grantee is an individual. Grantors convey and quitclaim any interest they might have in the described property to grantee. This deed complies with all state statutory laws.

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FAQ

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.

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.

A California quitclaim deed form is a special type of deed used to transfer real estate without making guarantees about title to the property. A person that transfers property by quitclaim deed makes no promises that he or she owns or has clear title to the property.

The fee will vary depending on the county, but generally ranges from $1 to $12 for the first page and $1-3 for each additional page. In Sacramento County, you can get a copy for $1 a page. In San Bernardino County, you can expect to pay $12 for the first page and $1 for any additional pages.

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.

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.

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.

If real estate qualifies as separate property, a married individual may take title in his or her name alone. The deed should recite that the property belongs to that spouse as separate property. Although not a strict legal requirement, it is best practice for both spouses to also sign a Separate Property Agreement.

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.

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.

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Chula Vista California Quitclaim Deed for a Time Share - Two Individuals, or Husband and Wife, to One Individual

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How to fill out Chula Vista California Quitclaim Deed For A Time Share - Two Individuals, Or Husband And Wife, To One Individual?

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FAQ

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

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

What does a quitclaim deed do in California?

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

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

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

What is a transfer deed in California?

Does my wife need to be on the deed California?

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

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

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