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.
Los Angeles California Affidavit Regarding Real Property of Small Value — $55,425 or Less is a legal document that serves an important purpose in the real estate market. It is designed to simplify the process of transferring ownership of real property valued at $55,425 or less, and it is commonly used in cases where the value of the property does not justify a full probate proceeding. This affidavit is often required when a person passes away and leaves behind real property with a low value. It allows the rightful heirs or beneficiaries to claim ownership of the property without going through the lengthy and costly probate process. There are different types of Los Angeles California Affidavit Regarding Real Property of Small Value — $55,425 or Less, depending on the specific circumstances: 1. Affidavit for the Collection of Personal Property: This affidavit is used when the deceased person had personal property, such as bank accounts or personal belongings, with a total value of $166,250 or less. It can be used to collect and distribute these assets without the need for probate. 2. Affidavit for the Collection of Real Property: This type of affidavit is utilized when the deceased person owned real property, such as a house or land, with an assessed value of $55,425 or less. It allows for the transfer of ownership without going through probate. 3. Affidavit Serially Filed Prior Estate: This affidavit is used when the estate of a deceased person had previously gone through the probate process, but there are additional real properties worth $55,425 or less that were not included in the initial probate proceeding. This affidavit streamlines the transfer of these additional properties to the rightful heirs or beneficiaries. The Los Angeles California Affidavit Regarding Real Property of Small Value — $55,425 or Less must include essential information such as the name of the deceased person, their date of death, a description of the property, and details about the rightful heirs or beneficiaries. It must be signed under penalty of perjury by the person making the affidavit, confirming that the information provided is true and accurate to the best of their knowledge. In conclusion, the Los Angeles California Affidavit Regarding Real Property of Small Value — $55,425 or Less is a valuable legal instrument that facilitates the transfer of low-value real property without the need for probate. The different types mentioned above cater to specific scenarios, ensuring a smooth and efficient process for the beneficiaries.Los Angeles California Affidavit Regarding Real Property of Small Value — $55,425 or Less is a legal document that serves an important purpose in the real estate market. It is designed to simplify the process of transferring ownership of real property valued at $55,425 or less, and it is commonly used in cases where the value of the property does not justify a full probate proceeding. This affidavit is often required when a person passes away and leaves behind real property with a low value. It allows the rightful heirs or beneficiaries to claim ownership of the property without going through the lengthy and costly probate process. There are different types of Los Angeles California Affidavit Regarding Real Property of Small Value — $55,425 or Less, depending on the specific circumstances: 1. Affidavit for the Collection of Personal Property: This affidavit is used when the deceased person had personal property, such as bank accounts or personal belongings, with a total value of $166,250 or less. It can be used to collect and distribute these assets without the need for probate. 2. Affidavit for the Collection of Real Property: This type of affidavit is utilized when the deceased person owned real property, such as a house or land, with an assessed value of $55,425 or less. It allows for the transfer of ownership without going through probate. 3. Affidavit Serially Filed Prior Estate: This affidavit is used when the estate of a deceased person had previously gone through the probate process, but there are additional real properties worth $55,425 or less that were not included in the initial probate proceeding. This affidavit streamlines the transfer of these additional properties to the rightful heirs or beneficiaries. The Los Angeles California Affidavit Regarding Real Property of Small Value — $55,425 or Less must include essential information such as the name of the deceased person, their date of death, a description of the property, and details about the rightful heirs or beneficiaries. It must be signed under penalty of perjury by the person making the affidavit, confirming that the information provided is true and accurate to the best of their knowledge. In conclusion, the Los Angeles California Affidavit Regarding Real Property of Small Value — $55,425 or Less is a valuable legal instrument that facilitates the transfer of low-value real property without the need for probate. The different types mentioned above cater to specific scenarios, ensuring a smooth and efficient process for the beneficiaries.