Grant bargain deed: Fill out & sign online

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Click ‘Get Form’ to open the grant bargain deed in the editor.
Begin by filling in the APN # and the names of the individuals involved in the transaction under 'Recording Requested By' and 'Return Documents to'.
Complete the address fields for both Grantor and Grantees, ensuring accuracy for future correspondence.
In the main body, specify the Grantor's name and details, followed by the Grantees' names as 'Husband and Wife'.
Fill in the legal description of the property in Exhibit A, which is crucial for identifying the property being conveyed.
Sign and date where indicated, ensuring that all parties acknowledge their agreement.
If applicable, complete the Community Property Agreement section only if you choose this option.

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What are the disadvantages of a grant deed?

☞ No Safeguards Against Undisclosed Defects: A grant deed typically does not include any protection for the grantee against defects in the property that the grantor did not disclose. The grantee may be responsible for any liens or encumbrances on the property that the grantor did not disclose.

What is a grant bargain sale deed?

A bargain and sale deed includes a warranty stating that the grantor has title to the property. In other words, they are the proper owner and have the right to sell it. There are no other owners who may have claim to the property. However, the deed does not and cannot guarantee that the property is free of claims.

Whats the difference between a grant deed and a trust deed?

Once a grant deed has been executed, the grantor is usually no longer involved with the real estate. On the other hand, with a deed of trust, the borrower and the lender have an ongoing relationship until the loan is paid off or the property is transferred to another party.

What are the disadvantages of a bargain and sale deed?

While the bargain and sale deed asserts that the grantor holds the title, it does not cover any liens, encumbrances, or claims from previous owners. This limitation necessitates that buyers perform thorough due diligence, such as a detailed title search, before proceeding with the purchase.