"A Real Estate Document typing & recording company"
Friday, July 19, 2019
ONLINE ORDER REQUEST - DEED TYPING PACKAGE
(Real Property only, for personal property such as a Mobile Home in Park, or a Leasehold Interest, etc., please contact office for details) Print Form
One Request form is required per Property Transfer Request
TYPE OF DEED BEING REQUESTED TO BE TYPED

DEED TYPES

A Grant Deed transfers ownership and implies ownership and certain promises -- that the title hasn't already been transferred to someone else or been encumbered, except as set out in the deed or as reflected in a Title Search/Guarantee of the property.


A Quitclaim Deed transfers whatever ownership interest a person has or may have in a property. It makes no guarantees about the extent of the person's interest. Quitclaim deeds are commonly used by divorcing couples; one spouse signs all his or her rights in the couple's real estate over to the other. This can be especially useful if it isn't clear how much of an interest, if any, one spouse has in property that's held in the other's name.


Note: Quitclaim deeds are also frequently used when there is a "cloud" on title -- that is, when a search reveals that a previous owner or some other individual, like the heir of a previous owner, may have some claim to the property. The individual can sign a quitclaim deed to transfer any remaining interest.


A Warranty Deed transfers ownership and explicitly promises the buyer that the transferor has good title to the property, meaning it is free of liens or claims of ownership. The transferor guarantees that he or she will compensate the buyer if that turns out to be wrong. The warranty deed may make other promises as well, to address particular problems with the transaction. Often used outside of California


A Inter-Spousal Deed transfers title between two married people. This is often used in transactions in which one spouse is transferring title to another as part of a divorce settlement, when, or when one spouse needs to be taken off a property's title for legal or financial reasons.


A Deed in Lieu of Foreclosure transfers all ownership and interest in a real property to the Lender in order to satisfy a loan that is in Default and or to avoid foreclosure proceedings. The Deed needs to voluntarily and agreed to by both Owner and Lender, it’s given to satisfy the debt that’s owed. Lender usually always agrees to release Borrower personally from liability. Title is transferred in an "As-Is" condition, meaning Lender takes it subject to any liens, defects and clouds that may exist.


A Revocable Transfer on Death "TOD" Deed (As of January 1, 2016, California law allows the use of transfer on death (TOD) deeds for real property) is a revocable beneficiary deed, involving the transfer of an individual’s residence (limited to multi-unit properties with fewer than four dwelling units, condos and single family residences with fewer than 40 acres of agriculture land), which does not become a completed transfer until the death of the transferor. Essentially, the deed allows an individual to transfer their property to a beneficiary without the use of a revocable trust or the need of a probate court.


At death, the TOD deed transfers property by operation of law, like joint tenancy or community property with right of survivorship. The transferor remains the sole owner during his or her lifetime and he or she can revoke the TOD deed at any time. The recording of a TOD deed does not change the income tax benefits of owning the residence (think mortgage deduction) nor does it have any effect on property tax.


The above is provided as general information from a third party Vendor, and is in no way intended to provide legal advice or a substitute for legal advice.





If you are trying to remove a Deceased Owner from title, STOP here, as this is not the form you will need, please contact our office for details. Or you can try using Non-Deed Services "OTHER DOCUMENTS" for documents to help you accomplish what you are wanting to do.

Check with the Applicable State Law which governs property for expressed or implied warranties associated with each type of Deed, if unsure which type to use. Also included with Deed, will be the applicable County required documents, to be completed based on information contained herein or verbal instructions.

     
  
  
Note: Must be your Primary Residence, this Deed is not to be used for Vacant Land, Commercial, Industrial or Investment Properties.

Other Details: (Please let us know any other details that will help to explain briefly the nature of transfer or that may be helpful information, such as

"Transferor/Grantor is only transferring 25% interest in the property", "just acquired title through recent sale", "Divorce Settlement", etc.)

Feel free to attach any documents you feel that would think would be helpful ("Previous Deed", etc.)

Who are the Current Owners, and their Current Ownership Percentages and Marital Status/Business Entity Information?

Who is the Current Owner and their Current Ownership Percentage and Marital Status?




Add Additional Name
Additional Information: (Please let us know any other details that you think we should know.)

Who will be the New Owner(s) or Person(s) being added to the title, and what their new proposed Ownership Percentages will be and Marital Status/Business Entity Information?


Owner Name/Business Entity/Trust Name:

Add Additional Name
Mailing Address for all Future Tax Statements from County Treasurer/Tax Collector?
Additional Information: (Please let us know any other details that you think we should know.)
BENEFICIARY(IES)
Please tell us the Full Legal Name(s) of the person(s) who will receive the property on your death (DO NOT use general terms like "my children") and state the relationship that each named person has to you (spouse, son, daughter, friend, etc.)
Beneficiary Legal Name: Relationship:
Additional Information: (Please let us know any other details that you think we should know.)
VESTING for "New Owner(s)"

VESTINGS


Though there are many other methods, these five ways to hold title are the most common for individuals and married couples


Community Property: There is a statutory presumption that all property acquired by husband and wife is common property and is equally owned by both spouses. Property acquired prior to marriage is considered separate property (as is property received by either spouse as a gift or an inheritance).


Community Property with the Right of Survivorship: Method of ownership by a married couple that vests title in the surviving spouse upon the death of a spouse.


Joint Tenancy with the Right of Survivorship: This method is defined as an equal and indivisible ownership interest by two or more people. Survivorship means that upon the death of one of the individuals, his/her interest ceases and is passed to the remaining individuals. It is important to note that one person's interest cannot be willed to his/her heirs.


Tenants in Common: If property is held in this method, the interest of two or more individuals can be broken down into percentages and willed to his/her heirs. The death of one individual does not transfer that person's interest to the surviving owners (unless specified by a will).


Sole and Separate: This is the method of ownership for a married individual who does not want his/her spouse to have a right to the property. The person's spouse will need to sign a disclaimer deed waiving all rights and interests in the property.


ENTITIES


IF THE GRANTOR OR GRANTEE IS: PLEASE PROVIDE THE FOLLOWING:
A Corporation State of Formation, and who the Authorized Signer(s) will be and their title(s)
A General Partnership State of Formation, and who the Authorized Signer(s) will be and their title(s)
A Limited Partnership State of Formation, and who the Authorized Signer(s) will be and their title(s)
A Limited Liability Company State of Formation, and who the Authorized Signer(s) will be and their title(s)
A Trust Name of each Trustee, Complete Name of Trust and Date of Trust Agreement
An Estate Name of personal representative and name of decedent, if necessary provide papers showing authority

The above is provided as general information by a third party Vendor, and is in no way intended to provide legal advice or a substitute for legal advice.

The Grantee(s)/Transferee(s)/Buyer(s) to Hold Vesting to their Title as:
Note: If you are not a party to the document being requested, please tell us your relationship    
Once Submitted, a Transfer Specialist will contact you shortly to confirm your order; and review the typing and any applicable recording fees associated with your request prior to collecting payment.

View Agreement View Legal Disclaimer


We do not provide legal services or legal advice. Contact an attorney or tax advisor for any related legal services or legal advice.
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