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Does California use grant deeds?

A California grant deed is a middle form of deed. Unlike a quitclaim deed, it provides the new owner with a limited guarantee about the title to the property. But unlike a California warranty deed, this guarantee is limited to the time that the transferor owned the property.

What is the difference between grant deed and quitclaim?

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.

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

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.

What is the primary purpose of a deed?

A deed is a signed legal document that transfers ownership of an asset to a new owner. Deeds are most commonly used to transfer ownership of property or vehicles between two parties. The purpose of a deed is to transfer a title, the legal ownership of a property or asset, from one person or company to another.

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.

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