Riverside County Grant Deed Form
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People also ask
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What's the difference between a deed and a grant deed?
A deed is a written document that conveys title to or an interest in real estate when executed and delivered. Grant deeds fall in the middle of the spectrum in terms of buyer protections—they offer more protection than quitclaim deeds, but less than general warranty deeds.
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Which deed is the most common one used to convey property in California?
Today, Californians most often transfer title to real property by a simple written instrument, the grant deed. The word “grant” is expressly designated by statute as a word of conveyance. (Civil Code Section 1092) A second form of deed is the quitclaim deed.
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Does a grant deed have to be signNowd in California?
In order for a deed to be valid, it must have the name of the owner, the vesting of the owner, the deed must be signed and signNowd, and the deed must be recorded.
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What's the difference between a quitclaim deed and a grant deed?
Both deeds convey ownership; however, there are some signNow differences between the two. Grant deeds are used in most arms-length real estate transactions, i.e. a sale, while quitclaim deeds are typically used to convey spousal interest or inter-family conveyances such as gifting and inheritance.
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What are the disadvantages of a grant deed?
The grant deed states that there have been no title problems while the grantor has owned the property. However, it does not guarantee that the property is free of title defects that happened before the grantor acquired the title. These defects may include: An error in public records.
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What is the difference between a deed and a grant deed in California?
Quitclaim deeds are similar to grant deeds in that they convey the rights to a property, but with a key difference: In a quitclaim deed, the grantor is giving up whatever rights he has – or may not have – to the property. But there is no implied guarantee that he has the rights to the property at all.
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What is the purpose of a grant deed in California?
The grant deed is used when a person who is on the current deed transfers ownership or adds a new owner. The grantor (donor or seller) promises that all rights to the property are being transferred—there are no hidden owners or easements.
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Where do I file a grant deed in Riverside County?
In California, grant deeds are filed at the county assessor's office with a Preliminary Change of Ownership Request, applicable fees and a Tax Affidavit. All must be signNowd for legal transfer and recording.
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