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Completing legal documents requires meticulous attention, starting with choosing the correct form template. For instance, if you select an incorrect version of a Corporation Grant Deed Form 2018, it will be rejected upon submission. Thus, it is crucial to have a reliable source of legal documents like US Legal Forms.
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A grant deed is the most common method Californians use to transfer title to real property. (Miller & Starr 3 Cal. Real Estate § .) Authorized under Civil Code section 1092, the grant deed is called such because the person giving up the land is literally ?granting? their property rights to another person.
Step 1: Locate the Current Deed for the Property. ... Step 2: Determine What Type of Deed to Fill Out for Your Situation. ... Step 3: Determine How New Owners Will Take Title. Step 4: Fill Out the New Deed (Do Not Sign) ... Step 5: Grantor(s) Sign in Front of a Notary. ... Step 6: Fill Out the Preliminary Change of Ownership Report (PCOR)
Depending on the circumstances of your transaction, you'll use one type over another. A grant deed is a transaction between two people or entities without securing the property as collateral. A deed of trust is used by mortgage companies when a homeowner takes out a loan against the property.
That such estate is at the time of the execution of such conveyance free from incumbrances done, made, or suffered by the grantor, or any person claiming under him. Such covenants may be sued upon in the same manner as if they had been expressly inserted in the conveyance. Enacted 1872.
While recording a deed does not affect its validity, it is extremely important to record since recordation protects the grantee. If a grantee fails to record, and another deed or any other document encumbering or affecting the title is recorded, the first grantee is in jeopardy.