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How do I get a copy of a grant deed in California?
What is the difference between a Grant Deed and a Deed of Trust? A Grant Deed is an instrument that reflects a change in ownership of real property. A Deed of Trust is an instrument that secures a debt to real property.
What does a grant deed mean in California?
Grant Deeds are used to transfer title of real property. This is done at the time of purchase and can be later recorded to add or remove individuals names after purchase. This is known as the title document.
What is the main purpose of a grant deed, and quitclaim?
Both deeds convey ownership; however, there are some significant differences between the two. Grant deeds are used in most arms-length real estate transactions, i.e. a sale, while quitclaim deeds are typically used to convey spousal interest or inter-family conveyances such as gifting and inheritance.
Does a quitclaim deed give you ownership in California?
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.
What is the difference between a grant deed and a quitclaim deed in California?
Simply put, Grant Deeds ensure that the true owner of a certain property or title has the legal right to convey their interest in the property, while a Quitclaim Deed does not have any such warranties or assurances. Quitclaim Deeds are commonly used in real property transactions involving family members or trusts.
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People also ask
Which deed is the most common one used to convey property in California?
Ultimately, the main problem with quitclaim deeds is their lack of any guaranty on the part of the person transferring their ownership interest in the property. With a quitclaim deed, the grantor only states that they are transferring any interest they may have in the propertywhatever that interest may be.
Related links
grant | Wex | US Law | LII / Legal Information Institute
In California, grant deeds are very common. Commonly, in a real property transaction, the grantor (titleholder) needs to disclose the deed of the real
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