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What does a grant deed mean in California?

The California Grant deed form provides a limited warranty of title. With a Grant deed, the person transferring the property guarantees that he or she has done nothing that would cause title problems, but makes no guarantees about what might have happened before he or she acquired the property.

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

California mainly uses two types of deeds: the \u201cgrant deed\u201d and the \u201cquitclaim deed.\u201d Most other deeds you will see, such as the common \u201cinterspousal transfer deed,\u201d are versions of grant or quitclaim deeds customized for specific circumstances.

What is another name for grant deed?

A grant deed, also known in many states as a limited warranty deed or a special warranty deed, gives the grantee some, but not all, of the assurances of a general warranty deed.

What is the difference between deed and grant deed?

The purpose of a deed is to provide legal protection to buyers (called grantees) of real property. Grant deeds are most commonly used when a grantee is acquiring real property in a tax or foreclosure sale.

What is the meaning of grant deed?

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). A grant deed warrants that: The grantor has not transferred the property to anyone else, and.

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What is the difference between deed and grant deed?

The purpose of a deed is to provide legal protection to buyers (called grantees) of real property. Grant deeds are most commonly used when a grantee is acquiring real property in a tax or foreclosure sale.

Is grant deed the same as deed of trust?

A grant deed is a transaction between two people or entities without securing the property as collateral. A deed of trust is used by mortgage companies when a homeowner takes out a loan against the property.

Is mortgage the same as deed?

A mortgage is a loan extended to someone in order to purchase a property. A mortgage deed is a legally binding document outlining the terms of a mortgage that puts a lien on the house until the lender repays the loan in full.

What is the difference between deed and grant deed?

The purpose of a deed is to provide legal protection to buyers (called grantees) of real property. Grant deeds are most commonly used when a grantee is acquiring real property in a tax or foreclosure sale.

What is a grant deed in Arizona?

An Arizona Grant Deed is a legal document that can be used to convey real property from one person or entity to another. A grant deed in this state must be done in writing, subscribed, and delivered by the grantor, or by his authorized agent (33-401).

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What does a grant deed mean in California?

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What is the difference between deed and grant deed?

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