The District of Columbia Affidavit Regarding the Identity of a Granter and Grantee of Real Property is a legal document used in the District of Columbia to establish the identity of the granter (the person transferring the property) and the grantee (the person receiving the property) in real property transactions. This affidavit acts as evidence or proof that the individuals involved in the transaction are indeed the real parties involved. The purpose of this affidavit is to prevent fraud or any misrepresentation regarding the ownership and transfer of real property. By requiring parties involved in real estate transactions to sign this document, the District of Columbia ensures the accuracy and legitimacy of the transfer of property rights. This affidavit typically includes the following key information: 1. Heading: The document is usually titled "Affidavit Regarding the Identity of a Granter and Grantee of Real Property." 2. Date and Location: The date and place where the affidavit is executed. 3. Affine: The person making the affidavit, known as the affine, provides their full name, address, and contact information. 4. Certification: The affine certifies that they have personal knowledge of the granter and grantee's identity. 5. Granter's Identity: The affine provides detailed information about the granter, including their full name, address, and any other relevant identification details. 6. Grantee's Identity: Similarly, the affine provides detailed information about the grantee, including their full name, address, and any other relevant identification details. 7. Affine's Relationship: The affine states their relationship to the granter and grantee, confirming their personal knowledge of their identities. 8. Oath and Signature: The affine acknowledges that the information provided is true and accurate under penalty of perjury. They sign and date the affidavit in the presence of a notary public or another authorized official. Different types of District of Columbia Affidavit Regarding the Identity of a Granter and Grantee of Real Property may exist based on specific situations or requirements. For example, there could be different versions of the affidavit based on the type of real property involved (residential, commercial, etc.) or if the transaction involves certain types of entities (individuals, corporations, trusts, etc.). These variations may require additional information or include tailored language to fit the specific circumstances. It is essential to consult with a qualified real estate attorney or seek professional advice to ensure the correct version of the District of Columbia Affidavit Regarding the Identity of a Granter and Grantee of Real Property is utilized for a particular transaction.
District of Columbia Affidavit Regarding the Identity of a Grantor and Grantee of Real Property
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FAQ
In D.C., you can make a living trust to avoid probate for virtually any asset you ownreal estate, bank accounts, vehicles, and so on. You need to create a trust document (it's similar to a will) naming someone to take over as trustee after your death (called a successor trustee).
In fact, transfer on death accounts are exposed to all the same income and capital gains taxes when the account owner is alive, as well as estate and inheritance taxes upon the owner's death. Before setting-up a transfer on death account, you should review the tax implications of these accounts.
When properly executed, delivered and accepted, a deed transfers title to real property from one person (the grantor) to another person (the grantee). Transfer may be voluntary, or involuntary by act of law, such as a foreclosure sale.
The Washington transfer-on-death deed form allows property to be automatically transferred to a new owner when the current owner dies, without the need to go through probate. It also gives the current owner retained control over the property, including the right to change his or her mind about the transfer.
In real estate, a grantee is the recipient of the property, and the grantor is a person that transfers ownership rights of a property to another person.
An individual may transfer property to one or more beneficiaries effective at the transferor's death by a transfer on death deed. (Mar. 19, 2013, D.C. Law 19-230, § 2(b), 59 DCR 13606.)
No, Maryland does not recognize transfer on death deeds. These types of deeds allow for property to transfer to a named recipient as soon as the property owner dies. The purpose of transfer on death deeds is to avoid probate.
A property deed is a written and signed legal instrument that is used to transfer ownership of the real property from the old owner (the grantor) to the new owner (the grantee).
A completed Tax Return (FP-7/C) is required to record any Deed, Deed of Trust, Modification or Amendment to a Deed of Trust, Trustee's Deed or Memorandum of Lease for a term of 30 years or more.
When properly executed, delivered and accepted, a deed transfers title to real property from one person (the grantor) to another person (the grantee). Transfer may be voluntary, or involuntary by act of law, such as a foreclosure sale.