Quitclaim Deed - Trust to Two Individuals - California: Fill out & sign online

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Click ‘Get Form’ to open it in the editor.
Begin by entering the Grantor's name as Trustee and the Trust Agreement date. Ensure accuracy as this identifies the source of the property transfer.
Fill in the Grantees' names and addresses. Specify how they will hold the property, choosing from options like Tenants in Common or Joint Tenants with Right of Survivorship.
Indicate any exemptions from documentary transfer tax by selecting the appropriate reason from the provided list and entering relevant details.
Complete the legal description of the property, ensuring it matches official records. Attach Exhibit A if necessary.
Sign and date the document as required, ensuring that a notary public witnesses your signature for validation.

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What is the best way to hold title for a married couple in California?

A quit claim deed is a type of deed that transfers an interest in real property, like a house, vacant land to another. Quit claim deeds are often used instead of warranty deeds when transferring property out of the trust.

How many people can you put on a quitclaim deed?

You can put as many people as you want as grantees on a quit claim deed. However, the problem with putting all of your children on the property as 1% owners is that you would be giving each of your children a veto power if you want to sell or mortgage the condo.

Can a quit claim deed transfer property from a trust?

In California, spouses have equal rights and responsibilities about the marital home and any mortgages that bind it: debts and property. The spouse gives up all rights to the property when he signs a quit claim deed but does not give up any responsibilities for the mortgage.