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Californias use of grant and quitclaim deeds and its community property laws differ from many other states. While warranty deeds are more common elsewhere, Californias community property laws provide that any property acquired during marriage is owned equally by both spouses, regardless of whose name is on the deed.
Who owns the deed to a house?
0:04 2:04 It may include measurements landmarks or reference to a survey map. Keep an eye out for anyMoreIt may include measurements landmarks or reference to a survey map. Keep an eye out for any encumbrances. These are any claims or restrictions on the property.
Are Deeds public record in Michigan?
About the Register of Deeds After a document is recorded, it becomes a public record, which can be reviewed or copied by any person.
Which is more important, title or deed in real estate?
When a home is owned free-and-clear, the homeowner is the rightful owner and thus holds the deed to the house. However, if the homeowner is still paying a mortgage, then they technically do not fully own the house yet. In this case, the deed may be held by the mortgage lender.
Who keeps the original deed?
The original deed is returned to the owner of the property from the office of the recorder after proper entry. The office of the Recorder of Deeds maintains a set of indexes about each deed recorded, for an easy search. Almost all states have a grantor-grantee index including a reference to all documents recorded.
Related Searches
How to get copy of property deed onlineTypes of deeds for propertyWho holds the deed to my houseWhat are the four types of deedsQuitclaim deedWho has the deed to my house if I have a mortgageHouse deed exampleIf my name is on the deed do I own the property
5 common types of deeds Grant deed. A grant deed is the most common type used in California real estate transactions. Quitclaim deed. A quitclaim deed transfers the sellers interest in a property to the buyer. Warranty deed. Interspousal transfer deed. Deed of trust.
Who holds the deed to my house?
You, as the homeowner, typically hold the house deed to your property, even with a mortgage. The house deed and mortgage are separate legal documents with different purposes. A deed proves ownership and transfers title, while a mortgage is a loan agreement.
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Real Estate Definitions
A written instrument that, when executed and delivered, convey title to or an interest in real estate. Deed Restrictions Clauses in a deed limiting the future
A title search could also reveal a title defect which the seller is unwilling to cure, despite the terms of the contract requiring such a cure. The contract for
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