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Bakersfield California Affidavit Regarding Real Property of Small Value - $55,425 or Less

Category:
Probate - Affidavits
State:
California
City:
Bakersfield
Control #:
CA-DE-305
Format:
PDF
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Description

An Affidavit is a sworn, written statement of facts, signed by the 'affiant' (the person making the statement) before a notary public or other official witness. The affiant swears to the truth and accuracy of the statement contained in the affidavit. This document, an Affidavit Re Real Property of Small Value - $55,425 or Less - Estate , is a model affidavit for recording the type of information stated. It must be signed before a notary, who must sign and stamp the document.

Description: The Bakersfield California Affidavit Regarding Real Property of Small Value — $55,425 or Less is a legal document used in the state of California to transfer ownership of real property with a value of $55,425 or less without having to go through the probate process. This affidavit is specifically designed to simplify and expedite the transfer of low-value real property after the death of the owner. Keywords: Bakersfield California, Affidavit, Real Property, Small Value, $55,425 or Less, transfer, ownership, probate process, death, legal document, expedite. There are no different types of Bakersfield California Affidavit Regarding Real Property of Small Value — $55,425 or Less.

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FAQ

California Small Estate Affidavit Instructions Obtain and complete the California small estate affidavit. You must obtain the form used by the probate court in the county where the deceased was a resident.Include attachments.Obtain other signatures.Get the documents notarized.Transfer the property.

To use the affidavit for small estates under Probate Code §13100, the value of an estate must be no larger than $184,500. (For deaths prior to April 1, 2022, the maximum value of an estate that could use the small estate affidavit was $166,250.)

Legally, you are not required to have the affidavit notarized BUT many institutions will ask you to, so it is a good idea to notarize it before you try to use it to transfer the property. 4. If there are other people entitled to inherit the property, they MUST also sign the affidavit.

Maximum Value of Small Estate: $166,250?$184,500 To use the affidavit for small estates under Probate Code §13100, the value of an estate must be no larger than $184,500. (For deaths prior to April 1, 2022, the maximum value of an estate that could use the small estate affidavit was $166,250.)

An affidavit or declaration signed under penalty of perjury at least 40 days after the death can be used to collect the assets for the beneficiaries or heirs of the estate. No documents are required to be filed with the Superior Court if the small estates law (California Probate Code Sections 13100 to 13116) is used.

1. The Small Estate Affidavit. If the total probate estate does not exceed $184,500 (this is the maximum value for deaths occurring on or after April 1, 2022), you can use the small estate affidavit to collect all property other than real estate.

Obtain and complete the California small estate affidavit. You must obtain the form used by the probate court in the county where the deceased was a resident. You can obtain it in person or by accessing your court's self-help center online and downloading the form there.

Use the Court Locator and find the probate court where the decedent was a resident. The State filing fee is $435.

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