Concord California Affidavit Regarding Real Property of Small Value - $55,425 or Less

State:
California
City:
Concord
Control #:
CA-DE-305
Format:
PDF
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Description

An Affidavit is a sworn, written statement of facts, signed by the 'affiant' (the person making the statement) before a notary public or other official witness. The affiant swears to the truth and accuracy of the statement contained in the affidavit. This document, an Affidavit Re Real Property of Small Value - $55,425 or Less - Estate , is a model affidavit for recording the type of information stated. It must be signed before a notary, who must sign and stamp the document.

Concord California Affidavit Regarding Real Property of Small Value — $55,425 or Less In Concord, California, the Affidavit Regarding Real Property of Small Value — $55,425 or Less is a legal document that allows individuals to transfer real property with a minimal value without going through a probate process. This affidavit is typically used when someone passes away and leaves behind assets, such as real estate, with a total value of $55,425 or less. The purpose of this affidavit is to provide a simple and cost-effective method for transferring ownership of small-value real property to the rightful heirs or beneficiaries of the deceased person. By using this legal process, it eliminates the need for a formal probate court process. There are a few types of Concord California Affidavit Regarding Real Property of Small Value — $55,425 or Less, including: 1. Small Estate Affidavit: This type of affidavit is commonly used when the deceased person's estate does not exceed $55,425 in total value, and there is no will or trust in place. It allows the transfer of real property, such as a house or land, to eligible heirs or beneficiaries. 2. Personal Property Affidavit: In some cases, the deceased person may not have any real estate property, but instead, they may have personal property, such as vehicles, bank accounts, or valuable assets. This affidavit can be used to transfer ownership of these assets if they have a total value of $55,425 or less. 3. Joint Tenancy Affidavit: When a property is owned in joint tenancy and one of the owners passes away, the surviving joint tenant can use this affidavit to transfer the deceased person's share of the property to themselves. This is only applicable if the deceased person's share is valued at $55,425 or less. By filing the Concord California Affidavit Regarding Real Property of Small Value — $55,425 or Less with the appropriate county clerk's office, individuals can ensure a smooth and efficient transfer of small-value property without the need for probate court involvement. It allows for a quicker resolution and reduces the associated costs and complexities of probate proceedings. Disclaimer: This information is for general guidance and should not be considered legal advice. It is recommended to consult with a qualified attorney for assistance with specific estate planning or probate matters.

Concord California Affidavit Regarding Real Property of Small Value — $55,425 or Less In Concord, California, the Affidavit Regarding Real Property of Small Value — $55,425 or Less is a legal document that allows individuals to transfer real property with a minimal value without going through a probate process. This affidavit is typically used when someone passes away and leaves behind assets, such as real estate, with a total value of $55,425 or less. The purpose of this affidavit is to provide a simple and cost-effective method for transferring ownership of small-value real property to the rightful heirs or beneficiaries of the deceased person. By using this legal process, it eliminates the need for a formal probate court process. There are a few types of Concord California Affidavit Regarding Real Property of Small Value — $55,425 or Less, including: 1. Small Estate Affidavit: This type of affidavit is commonly used when the deceased person's estate does not exceed $55,425 in total value, and there is no will or trust in place. It allows the transfer of real property, such as a house or land, to eligible heirs or beneficiaries. 2. Personal Property Affidavit: In some cases, the deceased person may not have any real estate property, but instead, they may have personal property, such as vehicles, bank accounts, or valuable assets. This affidavit can be used to transfer ownership of these assets if they have a total value of $55,425 or less. 3. Joint Tenancy Affidavit: When a property is owned in joint tenancy and one of the owners passes away, the surviving joint tenant can use this affidavit to transfer the deceased person's share of the property to themselves. This is only applicable if the deceased person's share is valued at $55,425 or less. By filing the Concord California Affidavit Regarding Real Property of Small Value — $55,425 or Less with the appropriate county clerk's office, individuals can ensure a smooth and efficient transfer of small-value property without the need for probate court involvement. It allows for a quicker resolution and reduces the associated costs and complexities of probate proceedings. Disclaimer: This information is for general guidance and should not be considered legal advice. It is recommended to consult with a qualified attorney for assistance with specific estate planning or probate matters.

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Concord California Affidavit Regarding Real Property of Small Value - $55,425 or Less