This form is a Grant Deed where the grantor is a corporation and the grantee is a trust. Grantors conveys and grant the described property to the grantee. This deed complies with all state statutory laws.
Anaheim California Grant Deed - Corporation to Trust
Category:
State:
California
City:
Anaheim
Control #:
CA-026-78
Format:
Word;
Rich Text
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Description
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How to fill out California Grant Deed - Corporation To Trust?
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FAQ
Deed. Deeds are valuable to buyers because they provide certain protections regarding the sale of property. A grant deed is a deed that ?grants? certain promises to the buyer: The property has not already been transferred to someone else.
Grant Deeds are used to transfer title of real property. This is done at the time of purchase and can be later recorded to add or remove individual's names after purchase.
Saclaw.org/deed-of-trust. A deed of trust, also called a trust deed, is the functional equivalent of a mortgage. It does not transfer the ownership of real property, as the typical deed does. Like a mortgage, a trust deed makes a piece of real property security (collateral) for a loan.
While California does not require grant deeds to be recorded, almost all of them are in order to protect the grantee from any later transfer of the same property. As long as the grant deed is recorded, any potential purchaser would be on notice of the earlier sale to a new owner.
Grant Deeds are used to transfer title of real property. This is done at the time of purchase and can be later recorded to add or remove individual's names after purchase.
Both types of legal documents serve the same function of transferring ownership of real property. The fundamental difference between quitclaim deeds and grant deeds is the level of protection and warranty provided to the grantee.
California mainly uses two types of deeds: the ?grant deed? and the ?quitclaim deed.? Most other deeds you will see, such as the common ?interspousal transfer deed,? are versions of grant or quitclaim deeds customized for specific circumstances.
The main difference between a grant deed vs. warranty deed is the level of protection offered. A warranty deed offers a higher level of protection than a grant deed. With a grant deed, the grantor is guaranteeing that they haven't sold the property to anyone else, and that it is clear of any liens or restrictions.
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.