This form is a Fiduciary Deed where the grantor may be an executor of a will, trustee, guardian, or conservator.
A Daly City California Warranty Deed for Fiduciary is a legally binding document used in real estate transactions to transfer property ownership from a fiduciary, typically an executor or administrator, to a designated beneficiary. This type of warranty deed provides assurance that the property being transferred is free from any encumbrances or defects in title. In Daly City, California, there are various types of Warranty Deeds for Fiduciary which can include: 1. General Warranty Deed for Fiduciary: This type of warranty deed guarantees the granter's full authority to sell the property on behalf of the estate, and assures the grantee that the property is free from any claims or liens. 2. Limited Warranty Deed for Fiduciary: This warranty deed provides fewer guarantees compared to a general warranty deed. It guarantees a clear title only for the time the fiduciary held the property and does not cover any encumbrances or defects that may have existed prior to their ownership. 3. Special Warranty Deed for Fiduciary: This type of warranty deed guarantees that the fiduciary has not personally caused any encumbrances or defects on the property during their ownership. It provides a warranty limited to the granter's period of ownership. 4. Executor's Deed for Fiduciary: This is a type of warranty deed used specifically when the property is being transferred by an executor or personal representative of a deceased person's estate. It ensures proper distribution of the deceased's assets. 5. Administrator's Deed for Fiduciary: This warranty deed is utilized when the property is being transferred by an administrator appointed by the court to handle a deceased person's estate, typically when no will exists. It guarantees proper distribution and transfer of assets. These various types of Daly City California Warranty Deeds for Fiduciary help facilitate the smooth transfer of property ownership and provide legal protection to both the fiduciary and the beneficiary. It is always advisable to consult with a qualified real estate attorney or professional to ensure the appropriate deed type is used and that all legal requirements are met.A Daly City California Warranty Deed for Fiduciary is a legally binding document used in real estate transactions to transfer property ownership from a fiduciary, typically an executor or administrator, to a designated beneficiary. This type of warranty deed provides assurance that the property being transferred is free from any encumbrances or defects in title. In Daly City, California, there are various types of Warranty Deeds for Fiduciary which can include: 1. General Warranty Deed for Fiduciary: This type of warranty deed guarantees the granter's full authority to sell the property on behalf of the estate, and assures the grantee that the property is free from any claims or liens. 2. Limited Warranty Deed for Fiduciary: This warranty deed provides fewer guarantees compared to a general warranty deed. It guarantees a clear title only for the time the fiduciary held the property and does not cover any encumbrances or defects that may have existed prior to their ownership. 3. Special Warranty Deed for Fiduciary: This type of warranty deed guarantees that the fiduciary has not personally caused any encumbrances or defects on the property during their ownership. It provides a warranty limited to the granter's period of ownership. 4. Executor's Deed for Fiduciary: This is a type of warranty deed used specifically when the property is being transferred by an executor or personal representative of a deceased person's estate. It ensures proper distribution of the deceased's assets. 5. Administrator's Deed for Fiduciary: This warranty deed is utilized when the property is being transferred by an administrator appointed by the court to handle a deceased person's estate, typically when no will exists. It guarantees proper distribution and transfer of assets. These various types of Daly City California Warranty Deeds for Fiduciary help facilitate the smooth transfer of property ownership and provide legal protection to both the fiduciary and the beneficiary. It is always advisable to consult with a qualified real estate attorney or professional to ensure the appropriate deed type is used and that all legal requirements are met.
