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

State:
California
County:
Sacramento
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.

A Sacramento California Affidavit Regarding Real Property of Small Value — $55,425 or Less is a legal document used in the state of California when the value of the decedent's real property is $55,425 or less. This affidavit can be used to transfer ownership of real property in situations where the value of the property is relatively low, eliminating the need for a formal probate process. Keywords: Sacramento, California, Affidavit Regarding Real Property, Small Value, $55,425 or Less, legal document, decedent, real property, transfer ownership, probate process. There are two main types of Sacramento California Affidavits Regarding Real Property of Small Value — $55,425 or Less: 1. Affidavit for Personal Property: This type of affidavit is used to transfer personal property, including household items, jewelry, vehicles, and small financial accounts, with a total value of $55,425 or less. It allows the decedent's heirs or beneficiaries to collect and distribute personal property without going through a formal probate process. 2. Affidavit for Real Property: This type of affidavit is specifically used to transfer ownership of real property, such as land, houses, or commercial buildings, valued at $55,425 or less. It is an alternative to the traditional probate process and provides a simpler and faster way for heirs or beneficiaries to inherit and sell the property. In both types of affidavits, the document must be completed accurately and signed by the individual(s) entitled to the decedent's property under California law. It must also include a property description, valuation, and proof of the decedent's death, along with any necessary supporting documentation, such as death certificates, property appraisals, or wills. By utilizing a Sacramento California Affidavit Regarding Real Property of Small Value — $55,425 or Less, individuals can efficiently transfer ownership of real property and personal belongings without the need for an extensive and costly probate process. It offers a convenient solution for estates with relatively low-value assets, ensuring a smooth transition and distribution of the decedent's property.

A Sacramento California Affidavit Regarding Real Property of Small Value — $55,425 or Less is a legal document used in the state of California when the value of the decedent's real property is $55,425 or less. This affidavit can be used to transfer ownership of real property in situations where the value of the property is relatively low, eliminating the need for a formal probate process. Keywords: Sacramento, California, Affidavit Regarding Real Property, Small Value, $55,425 or Less, legal document, decedent, real property, transfer ownership, probate process. There are two main types of Sacramento California Affidavits Regarding Real Property of Small Value — $55,425 or Less: 1. Affidavit for Personal Property: This type of affidavit is used to transfer personal property, including household items, jewelry, vehicles, and small financial accounts, with a total value of $55,425 or less. It allows the decedent's heirs or beneficiaries to collect and distribute personal property without going through a formal probate process. 2. Affidavit for Real Property: This type of affidavit is specifically used to transfer ownership of real property, such as land, houses, or commercial buildings, valued at $55,425 or less. It is an alternative to the traditional probate process and provides a simpler and faster way for heirs or beneficiaries to inherit and sell the property. In both types of affidavits, the document must be completed accurately and signed by the individual(s) entitled to the decedent's property under California law. It must also include a property description, valuation, and proof of the decedent's death, along with any necessary supporting documentation, such as death certificates, property appraisals, or wills. By utilizing a Sacramento California Affidavit Regarding Real Property of Small Value — $55,425 or Less, individuals can efficiently transfer ownership of real property and personal belongings without the need for an extensive and costly probate process. It offers a convenient solution for estates with relatively low-value assets, ensuring a smooth transition and distribution of the decedent's property.

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