Section 2-105 of the Uniform Commercial Code defines Goods as follows:
Goods means all things which are movable at the time of identification to the contract for sale other than the money in which the price is to be paid. This would include tangible personal property.
Quitclaim means to transfer whatever interest, if any, a grantor may have in the property, without specifying the interest in any way. No warranty of ownership is given.
A Quitclaim Deed Form California is a legal document used in California to transfer ownership of real estate from one party to another. It is commonly used when the transfer is between family members, spouses, or in situations where the parties trust each other. The Quitclaim Deed Form California is a straightforward document that contains several key elements. Firstly, it identifies the parties involved in the transfer, known as the granter and the grantee. The granter is the current owner of the property, while the grantee is the individual or entity that will receive ownership. Both parties must be identified by their full names and addresses. Another important aspect of the Quitclaim Deed Form California is the legal description of the property being transferred. This typically includes details such as the address, boundaries, and any specific identifying features of the property. The legal description ensures that there is no confusion about the exact location and characteristics of the real estate being transferred. Additionally, the Quitclaim Deed Form California includes a statement of consideration, which indicates the value, if any, exchanged in the transfer. This element is essential to meet the legal requirements of a valid deed, even though Quitclaim Deeds are often used for transfers without monetary consideration, such as gifts or transfers made between family members. California offers different types of Quitclaim Deed forms to cater to specific situations and requirements. Some of these forms include: 1. Basic Quitclaim Deed Form: This is the standard Quitclaim Deed form used in California. It covers the essential elements of the transfer, including the granter, grantee, legal description, and consideration. 2. Interspousal Transfer Quitclaim Deed Form: This form is used exclusively between spouses or registered domestic partners in California. It allows one spouse to transfer property to the other without triggering reassessment for property tax purposes. 3. Quitclaim Deed with Life Estate Form: This form is used when the granter wishes to transfer their property during their lifetime while retaining a life estate. The granter maintains the right to live on the property until their death, after which the property transfers to the grantee. It is important to note that while Quitclaim Deed forms are commonly used, they do not provide any guarantees or warranties regarding the property's title. It is always advisable to consult with an attorney or real estate professional before using a Quitclaim Deed Form California to ensure that the transfer is conducted correctly and that both parties understand the implications of the transfer.
