San Jose California Warranty Deed for Fiduciary

State:
California
City:
San Jose
Control #:
CA-SDEED-6
Format:
Word; 
Rich Text
Instant download

Description

This form is a Fiduciary Deed where the grantor may be an executor of a will, trustee, guardian, or conservator.

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FAQ

The grant deed is used when a person who is on the current deed transfers ownership or adds a new owner. The grantor (donor or seller) promises that all rights to the property are being transferred?there are no hidden owners or easements.

In California, warranty deeds are often used: When a buyer is purchasing residential property from a seller for full value; When the buyer does not intend to purchase title insurance; or. In other circumstances where the current owner is comfortable with the legal risk associated with an unlimited warranty of title.

California mainly uses two types of deeds: the ?grant deed? and the ?quitclaim deed.? Most other deeds you will see, such as the common ?interspousal transfer deed,? are versions of grant or quitclaim deeds customized for specific circumstances.

The California warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.

The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.

To make the form legally binding, you must sign it in front of a notary public. You must then file your signed and notarized deed with the county office that's in charge of recording property documents. Once the grantee signs the warranty deed, he/she legally has ownership and claim to the property.

While California does not require grant deeds to be recorded, almost all of them are in order to protect the grantee from any later transfer of the same property. As long as the grant deed is recorded, any potential purchaser would be on notice of the earlier sale to a new owner.

The most commonly used type of deed in California is called a Grant Deed. A Grant Deed is a written instrument by which title to or an interest in real property is transferred from one person or legal entity (grantor) to another (grantee).

A California grant deed is a middle form of deed. Unlike a quitclaim deed, it provides the new owner with a limited guarantee about the title to the property. But unlike a California warranty deed, this guarantee is limited to the time that the transferor owned the property.

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San Jose California Warranty Deed for Fiduciary