This form is a contract for a lease and a manadatory purchase of real estate. Seller demises and leases to purchaser and purchaser takes and rents from seller certain real property described in the form. Purchaser agrees not to use or permit the use of the property for an illegal purpose. An auction, fire or going out of business or bankruptcy sale, may not be conducted in the property without prior written consent of the seller.
Real Property Clause In Will In Santa Clara
State:
Multi-State
County:
Santa Clara
Control #:
US-00120
Format:
Word;
Rich Text
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FAQ
The order of priority is any surviving spouse or domestic partner, then a child, then a grandchild, then a parent, and then a sibling.
Joint tenancy is a way for two or more people to own property in equal shares so that when one of the joint tenants dies, the property can pass to the surviving joint tenant(s) without having to go through probate court.
With joint tenancy the right of survivorship is implied, so if one joint tenant dies, the other joint tenant or tenants automatically become the owners of the deceased tenant's interest in the property without the property having to pass through probate.
Joint tenancy is a way for two or more people to own property in equal shares so that when one of the joint tenants dies, the property can pass to the surviving joint tenant(s) without having to go through probate court.
Affidavit Re: Real Property of Small Value (DE-305) Make a sworn statement to the court that the value of all real property in California in a deceased person's estate is $55,425 or less.
You can transfer property without opening probate if the estate is valued under a set amount. That amount changes every few years and is based on the year the person passed away. You can find the latest limits in Maximum Values for Small Estate Set-Aside & Disposition of Estate Without Administration (form DE-300).
Allows for the transfer of real estate and personal property to the heirs by filing a Petition to Determine Succession to Real Property so long as all the assets owned by the decedent are worth less than $184,500. There is one court hearing required for this procedure.
How do I file a Spousal Property petition? Fill out and file form DE-221 explaining why the property belongs or should legally pass to the surviving spouse and describing the property. Attach a copy of the decedent's Will (if there is a Will).
A petition for partition occurs when two or more property owners cannot agree on what to do with it. For instance, one owner may want to sell, and the other wants to rent. If the parties cannot reach an agreement, filing a petition for partition becomes an option to compel the sale of the property.