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

State:
California
City:
Daly City
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.

Daly City California Affidavit Regarding Real Property of Small Value is a legal document used in Daly City, California, to transfer ownership of a real property with a low value, specifically $55,425 or less. This affidavit is an efficient and cost-effective way to handle the transfer of such properties without going through the probate court process. The Daly City California Affidavit Regarding Real Property of Small Value — $55,425 or Less is primarily used when the deceased owner of the property has left a valid will or died intestate (without a will). This affidavit enables the rightful heir(s) or beneficiaries to obtain the property title without undergoing a formal court-supervised probate process. Different types of Daly City California Affidavit Regarding Real Property of Small Value may include: 1. Intestate Affidavit: If the deceased owner of the property did not leave a valid will, this affidavit is used to transfer the property to the rightful heirs as determined under the California intestacy laws. 2. Testate Affidavit: In cases where the deceased owner of the property left a valid will, this affidavit is used to transfer the property to the beneficiaries named in the will. 3. Joint Tenancy Affidavit: If the property was held in joint tenancy with a right of survivorship, this affidavit allows for the transfer of the property to the surviving joint tenant(s) without the need for probate. 4. Community Property with Right of Survivorship Affidavit: If the property was owned as community property with a right of survivorship, this affidavit allows the surviving spouse or domestic partner to obtain the property title without probate. The Daly City California Affidavit Regarding Real Property of Small Value — $55,425 or Less provides a streamlined and simplified method of transferring low-value properties, avoiding the time-consuming and expensive probate process. It's important to note that this affidavit can only be used when the property value is $55,425 or less, any property exceeding this value will require a formal probate process. By utilizing this affidavit, Daly City residents can efficiently transfer small-valued real properties, saving time and money while ensuring a smooth and hassle-free transfer of ownership.

Daly City California Affidavit Regarding Real Property of Small Value is a legal document used in Daly City, California, to transfer ownership of a real property with a low value, specifically $55,425 or less. This affidavit is an efficient and cost-effective way to handle the transfer of such properties without going through the probate court process. The Daly City California Affidavit Regarding Real Property of Small Value — $55,425 or Less is primarily used when the deceased owner of the property has left a valid will or died intestate (without a will). This affidavit enables the rightful heir(s) or beneficiaries to obtain the property title without undergoing a formal court-supervised probate process. Different types of Daly City California Affidavit Regarding Real Property of Small Value may include: 1. Intestate Affidavit: If the deceased owner of the property did not leave a valid will, this affidavit is used to transfer the property to the rightful heirs as determined under the California intestacy laws. 2. Testate Affidavit: In cases where the deceased owner of the property left a valid will, this affidavit is used to transfer the property to the beneficiaries named in the will. 3. Joint Tenancy Affidavit: If the property was held in joint tenancy with a right of survivorship, this affidavit allows for the transfer of the property to the surviving joint tenant(s) without the need for probate. 4. Community Property with Right of Survivorship Affidavit: If the property was owned as community property with a right of survivorship, this affidavit allows the surviving spouse or domestic partner to obtain the property title without probate. The Daly City California Affidavit Regarding Real Property of Small Value — $55,425 or Less provides a streamlined and simplified method of transferring low-value properties, avoiding the time-consuming and expensive probate process. It's important to note that this affidavit can only be used when the property value is $55,425 or less, any property exceeding this value will require a formal probate process. By utilizing this affidavit, Daly City residents can efficiently transfer small-valued real properties, saving time and money while ensuring a smooth and hassle-free transfer of ownership.

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