Santa Ana California Warranty Deed from Individual, Limited Partnership or LLC is the Grantor or Grantee

Name: Santa Ana 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:

Santa Ana

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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How to fill out Santa Ana California Warranty Deed From Individual, Limited Partnership Or LLC Is The Grantor Or Grantee?

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FAQ

A quitclaim deed is a deed by which a grantor transfers only the interest the grantor has at the time the conveyance is executed. The grantor is not promising anything other than that they are giving up their own rights, if any. There are no implied warranties in connection with a quitclaim deed.

In California, quitclaim deeds are commonly used between spouses, relatives, or if a property owner is transferring his or her property into his or her trust. A grant deed is commonly used in most arms-length real estate transactions not involving family members or spouses.

Both types of legal documents serve the same function of transferring ownership of real property. The fundamental difference between quitclaim deeds and grant deeds is the level of protection and warranty provided to the grantee.

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.

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.

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.

A grant deed, also known as a special or limited warranty deed, is a legal document used to transfer real estate between a previous owner (the grantor) and a new owner (the grantee).

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.

A trustee deed?sometimes called a deed of trust or a trust deed?is a legal document created when someone purchases real estate in a trust deed state, such as California (check your local laws to see what is required in your state). A trust deed is used in place of a mortgage.

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.

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Address of Grantee (Purchaser). Ludwig Properties, LLC. 3.Petitioners resided in Santa Ana, California, when they filed their petition. "Escrow Agent" means North American Title and Escrow Company Attn: Maria. Land, LLC as a Colorado Limited Liability Company, whose legal address is 12472. Cases Involving Limited Liability Partnerships . 1606097. Santa Ana, California 92705. Orange County Clerk-Recorder Department (Santa Ana, CA - 16. Whose mailing address is 1610 E. Saint Andrew Place, Suite B150, Santa Ana,.

Santa Ana California Warranty Deed from Individual, Limited Partnership or LLC is the Grantor or Grantee

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