Chula Vista California Warranty Deed from Individual, Limited Partnership or LLC is the Grantor or Grantee

Name: Chula Vista California Warranty Deed from Individual, Limited Partnership or LLC is the Grantor or Grantee
Brand: US Legal Forms
Rating: 4.72 (292 reviews)

Category:

California Real Estate - Deeds - Warranty

State:

California

City:

Chula Vista

Control #:

CA-SDEED-7

Format:

Instant download

Description

This form is a Warranty Deed where the grantor(s) and/or grantee(s) may be individuals, a limited partnership, or an LLC.

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FAQ

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).

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.

Today, Californians most often transfer title to real property by a simple written instrument, the grant deed. The word ?grant? is expressly designated by statute as a word of conveyance. (Civil Code Section 1092) A second form of deed is the quitclaim deed.

The California TOD deed form allows property to be automatically transferred to a new owner when the current owner dies, without the need to go through probate. It also gives the current owner retained control over the property, including the right to change his or her mind about the transfer.

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 real estate, a grantee is the recipient of the property, and the grantor is a person that transfers ownership rights of a property to another person. However, the specifics of their transaction may vary depending on the situation. The official documents they use, such as a deed, detail their obligations.

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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IN THE UNITED STATES BANKRUPTCY COURT. Council of the City of Morro Bay, California, Amending Chapter 5., 1497 Jayen Way, Chula Vista. Enterprises LLC, 147. General Warranty Deed, Joint Tenancy, Special Warranty Deed, Quit Claim Deed. Coronado, California Amending Chapter 62. Partnership's Owyhee office. Port of San Diego Rohr Facility, Chula Vista,. California. Mr. Enerson assisted in a detailed subsurface assessment of the Rohr facility. Potential historic resource in the City of San Diego.

Chula Vista California Warranty Deed from Individual, Limited Partnership or LLC is the Grantor or Grantee

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What type of deed is used in California?

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