Los Angeles California Granting Clause

State:
Multi-State
County:
Los Angeles
Control #:
US-OG-498
Format:
Word; 
Rich Text
Instant download

Description

The Granting Clause form, the the receipt and sufficiency of which is acknowledged, assignor grants, assigns, and conveys, without warranty of title, either express, implied or statutory, to assignee.

The Los Angeles California Granting Clause is a legal term commonly utilized in real estate transactions to convey a property's ownership rights or transfer an interest in the property. This clause explicitly states the intent of the granter to transfer the property to the grantee, along with any rights, easements, and privileges associated with it. The Los Angeles California Granting Clause serves a pivotal role in grant deeds and other property transfer documents, ensuring the legal validity and clear transfer of ownership. It provides a detailed description of the property conveyed, including its physical boundaries and any relevant third-party rights. This clause also outlines the consideration provided in exchange for the property or interest being transferred. Key terms related to the Los Angeles California Granting Clause include: 1. Granter: The person or entity legally transferring the property to the grantee. They are typically the current owner of the property. 2. Grantee: The person or entity being granted the property or interest. They become the new owner or holder of the property rights conveyed. 3. Property Description: This describes the property being transferred accurately. It may include information such as lot numbers, street names, survey details, and the dimensions of the property. 4. Encumbrances: Any existing legal claims, liens, or easements that may affect the property's ownership rights. These encumbrances must be disclosed in the Granting Clause. 5. Consideration: The value or payment exchanged between the granter and grantee for the transfer. It may involve monetary compensation or another form of value agreed upon by both parties. Different types of Los Angeles California Granting Clause may include variations in the level of detail provided regarding the property description or specific rights and privileges conveyed. However, the overall purpose remains the same — to legally transfer the property from the granter to the grantee while ensuring clarity and accuracy in the transfer process.

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FAQ

A deed is evidence of a specific event of transferring the title of the property from one person to another. A title is the legal right to use and modify the property how you see fit, or transfer interest or any portion that you own to others via a deed. A deed represents the right of the owner to claim the property.

You can obtain a copy of your Grant Deed directly from the Los Angeles County Registrar-Recorder/County Clerk. No third party assistance is needed. The County Registrar-Recorder mails the original Grant Deed document to the homeowner after it is recorded. Therefore, you should already have your original Grant Deed.

There are four elected official positions, making up eight people total: Supervisor (one for each of the five districts), District Attorney, County Sheriff, and County Assessor. The Board of Supervisors is in charge of both the legislative and executive operations of the County.

Most of LA County's budget is funded from state and federal sources and is tied to specific programs and services, some of which are mandated by law.

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.

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 deed, when recorded, became a permanent part of the County property records. If you should lose your original deed, you may obtain a certified copy of your deed from the County Recorder in which the land is located. A county certified copy can be used in the place of the original.

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.

Typically, California property records are under the local county recorder's purview. However, the public can find property records at the county clerk's office in some instances. Also, property tax records are typically available at the local tax assessor's office.

More info

CITY OF LOS ANGELES et al. , Defendants and Respondents.This Subl ease shall be b o und to the la ws in t . An exclusivity clause restricts the signer from buying, selling, or promoting any goods or services from anyone other than the issuing company. 5 State Of California, Employment Development Department, Labor Market Information Division. (2015). Hydrogen powered car close up. Photo: Getty Images. A deed offers no protection or guarantees that there will be no issues in the transfer of ownership. You may also use the "City of Los Angeles Claim For Refund" form (Form Gen 64). Complete all requested forms completely, accurately and in a timely fashion.

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Los Angeles California Granting Clause