Santa Clara California Name Affidavit of Buyer

State:
California
County:
Santa Clara
Control #:
CA-CLOSE5
Format:
Word; 
Rich Text
Instant download

Description

The Buyers Name Affidavit is for the Buyer to provide a statement of his or her legal name and signature, as well as to certify to other "known as" names. Many times persons sign documents in different ways and the name affidavit is necessary to clarify that the signatures are one and the same person. i.e. John Jones, John T. Jones and J.T. Jones are one and the same person.

Santa Clara California Name Affidavit of Buyer — Detailed Description and Types The Santa Clara California Name Affidavit of Buyer is a legal document used during real estate transactions in Santa Clara County. It serves to verify the identity of the buyer and ensure that he or she is purchasing the property under their correct legal name. This affidavit helps prevent any legal issues that may arise from the use of incorrect names on important documents. The Santa Clara California Name Affidavit of Buyer typically includes the following information: 1. Identification of the buyer: This section requires the buyer to provide their full legal name, date of birth, current address, and contact information. It is crucial to accurately enter this information as any discrepancies may result in delays or complications during the transaction. 2. Property details: The affidavit will also include details about the property being purchased, such as its address, legal description, and any relevant identification numbers or deeds. 3. Affirmation of correct name: The buyer must declare that the name provided in the affidavit is their true, complete, and accurate legal name. This affirms that they are not using a false name or attempting to defraud the seller or any other party involved in the transaction. 4. Notarization: The affidavit must be signed in the presence of a notary public who will verify the buyer's identity and witness their signature. The notary public will then affix their seal and signature, indicating that the affidavit was properly executed. Different types of Santa Clara California Name Affidavits of Buyer exist to cater to specific circumstances or scenarios. Some possible types may include: 1. Individual Buyer Name Affidavit: This form is used when a single person is purchasing the property. It is the most common type of affidavit used in real estate transactions. 2. Joint Buyer Name Affidavit: If two or more individuals are buying the property together, a joint buyer name affidavit is required. This ensures that all parties involved provide their correct legal names. 3. Corporate Buyer Name Affidavit: When a corporation or business entity is the buyer, a corporate buyer name affidavit is necessary. It confirms the individual's authority within the corporation and verifies the legal entity's name. 4. Trust or Estate Buyer Name Affidavit: If the property is being purchased by a trust or estate, a specific affidavit is used to outline the details and identify the trustee or executor responsible for the transaction. The Santa Clara California Name Affidavit of Buyer is a crucial document in ensuring a smooth and legally compliant real estate transaction. It helps protect all parties involved by eliminating any confusion or discrepancies regarding the buyer's identity. It is recommended to consult with a legal professional or real estate agent for guidance in correctly completing and filing this affidavit.

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FAQ

Contact Us Telephone: 408-299-5688. Email: clerkrecorder@rec.sccgov.org? In Person: 70 West Hedding Street. 1st Floor, East Wing.Hours: The Clerk Recorder's Office is open to the public for remote services, onsite for select services by appointment only and via the drop box. Click here to book an appointment.

$1.65 per $500 or fraction thereof of consideration or value of interest conveyed applies, in addition to county transfer tax.

You can obtain a copy of your Grant Deed directly from the Los Angeles County Registrar-Recorder/County Clerk. No third party assistance is needed. The County Registrar-Recorder mails the original Grant Deed document to the homeowner after it is recorded. Therefore, you should already have your original Grant Deed.

The California Revenue and Taxation Code has set this tax for all counties at $1.10 per $1,000 (or $0.55 per $500.00 to be exact per the Code) of the transfer value (sales price) of the property to be transferred.

Step 1: Locate the Current Deed for the Property.Step 2: Determine What Type of Deed to Fill Out for Your Situation.Step 3: Determine How New Owners Will Take Title. Step 4: Fill Out the New Deed (Do Not Sign)Step 5: Grantor(s) Sign in Front of a Notary.Step 6: Fill Out the Preliminary Change of Ownership Report (PCOR)

The seller pays. In Santa Clara County, the custom is that the city transfer tax fee is divided 50-50 between the seller and buyer. The buyer pays the recording fees, and the seller pays the county transfer tax, escrow fees, and title insurance costs.

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 cost could range from a few dollars to hundreds based on the laws in your county. On average, home buyers pay $125 for recording fees at closing, according to the Home Buying Institute.

Preliminary Change of Ownership Forms are available online at the Assessor web site or can be mailed to you upon request by calling the Assessor's office at (408) 299-5500.

Calculate the standard fee of $25.00 (this fee includes the $10.00 Real Estate Fraud Prevention Fee per GC 27388) for the first page and $3.00 for each additional fee. Review the Additional Fees to determine which additional fees and taxes apply.

More info

Step 5: Fill out all the required forms, review and sign them with the buyers. Value. Based on the loan amount if submitted with a deed of trust or the fair market value.In and out of Trust. In addition, every quit claim deed must contain the name and address of everyone with an ownership interest in the property. North American Title invites real estate agents, lenders, home buyers and home sellers to check out our useful and informative forms and documents. Affidavit of Marriage - Santa Clara University. Easily fill out pdf blank, edit, and sign them. 2 pagesMissing: Santa ‎Clara ‎California This article focuses on using the most common exclusions in the Code to avoid property tax increases. Santa Clara County Assessor.

PDF [PDF, 574 KB] North American Title Property Code Exclusions for Sale-With-Cash Lease: Property owners can exclude certain rental property and vacation ownership from property tax, by claiming a special exclusion under the Santa Clara County Assessor's Code. There is considerable variety of how property and sales taxes are used. Some property owners exempt the property because they want to sell or lease the property out instead of paying property taxes. The other owners include vacation owners who rent their properties, and rental property owners who take a large loss in a market downturn. A couple of the most common exclusions apply to any rental property, whether owned by a single individual or a corporation. Santa Clara County Assessor's Code Title 22, §§ 2401, 2302 & 2303 (PDF) [5 pages | 13 KB] Property Sale-With-Cash, Rentals and Vacation Ownership Exclusion by Property Type.

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Santa Clara California Name Affidavit of Buyer