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In this episode of Fridays with Fred, host Fred Sed addresses the topic of transferring property in California as a gift to a family member. He describes a recent case where a client sought guidance on gifting property with no monetary exchange involved. The key steps for this process include having an escrow and title company to facilitate the transfer. Fred emphasizes the importance of addressing any contract questions the gifter might have. Additionally, he mentions that if the property is free and clear, the transfer process is straightforward, and they can provide contacts for the necessary escrow and title services.