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California Condominium Quitclaim Deed for Four Individuals to Four...

Long Beach California Condominium Quitclaim Deed for Four Individuals to Four Individuals

Name: Long Beach California Condominium Quitclaim Deed for Four Individuals to Four Individuals
Brand: US Legal Forms
Rating: 4.83 (377 reviews)

Category:

California Real Estate - Deeds - Quitclaims

State:

California

City:

Long Beach

Control #:

CA-SDEED-8-7

Format:

Instant download

Description

This form is a Quitclaim Deed where the grantors are four individuals and the grantees are four individuals holding title as tenants in common.

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FAQ

Which of the following is not required for a deed to be valid? Signature of the grantee.

Recording Fee for Quitclaim DeedType of FeeFeeBase Fee G.C. § 27361(a) G.C. § 27361.4(a) G.C. § 27361.4(b) G.C. § 27361.4(c) G.C. § 27361(d)(1) G.C. § 27397 (c) Subsection 1$15.004 more rows

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.

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.

In which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is valid.

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.

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.

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.

You'll need to transfer an interest by writing up another deed with the person's name on it. In California, you can use either a grant deed, a quitclaim deed or an interspousal deed, depending on your circumstances. Each one has its own requirements and works best in different circumstances.

No guarantees to the new owner: Unlike a warranty deed, a quitclaim deed does not guarantee that a property is free from title defects such as tax liens or title claims from third parties. For this reason, it is a poor legal instrument to use when selling a piece of property for cash considerations.

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A house title is the bundle of rights that dictates who has legal or equitable interest in the property. Using the Quitclaim Deed.Quitclaim deeds are extremely popular in California in part because they are very easy to fill out. 4. 5. Option Agreement. Agency Deed of Trust. An easement is a limited right to use another person's land for a stated purpose. 4. When will my document be recorded? To understand real estate deeds, it is necessary to know a few legal terms: Deed. A legal document that transfers ownership of real property; Grantor. He had his house stolen out from under him.

Long Beach California Condominium Quitclaim Deed for Four Individuals to Four Individuals

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FAQ

Which of the following is not required for a deed to be valid?

How much does it cost to file a quit claim deed in California?

What is the difference between a deed and a grant deed in California?

What are the 2 main types of deeds to transfer property in California?

In which of the following situations could a quitclaim deed not be used?

What is a transfer deed in California?

What is the difference between a quitclaim deed and a grant deed in California?

What is the most commonly used deed to transfer property in California?

How do you add someone to a deed in California?

What are the disadvantages of a quitclaim deed?

Interesting Questions

What is a Quitclaim Deed?

What is the purpose of a Quitclaim Deed?

What is a Long Beach Condominium Quitclaim Deed?

Who can use a Long Beach Condominium Quitclaim Deed?

What information is typically included in a Long Beach Condominium Quitclaim Deed?

Do I need the assistance of an attorney to execute a Long Beach Condominium Quitclaim Deed?

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