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Deeds for California Real Estate
Description: Transfer California property to someone else with the easy-to-use legal forms and information in
this guide
Whenever you transfer real estate in the Golden State -- because of marriage, divorce, death or for
estate planning purposes -- you need a new deed.
Deeds for California Real Estate shows you how to choose the right kind of deed, create it, then file
it with the county recorder. This plain-English book has all the forms you’ll need, with step-by-step
instructions for completing them quickly and accurately.
Learn how to:
- put real estate in joint tenancy or community property
- add or remove someone's name from the title of real estate you own
- transfer real estate into, or out of, a revocable living trust
- transfer property into a family corporation or partnership
- borrow or lend money with real estate as security
- use real estate as security for a loan
- buy out a co-owner of jointly held real estate
Deeds for California Real Estate explains potential complications involving gift taxes, spouses'
property rights, disclosure statements required by state or federal law, and tax and estate planning
aspects of property transfers. The 8th edition is completely updated with the latest federal gift and
estate tax information.
Contents: 1. An Overview of Real Estate Transfers
Understanding Basic Terminology
Encumbrances
Property Tax Reassessment
Gifts of Real Estate: Federal Gift Tax
Disclosure Requirements
Documentary Transfer Tax
Transfers Before Bankruptcy
Do You Need a Title Search and Title Insurance?
2. Who Must Sign the Deed?
Transfers From Married Persons or Domestic Partners
Transfers from Unmarried Co-Owners
Transfers of Partnership Property
Transfers of Corporate Property
Transfers of Limited Liability Company Property
Transfers From Trustees
Owners Who Can’t Sign a Deed
Persons Who Have Executed a Power of Attorney
3. How Should the New Owners Take Title?
Transfers to One Unmarried Recipient
More Than One Unmarried Recipient
Transfers to Married Recipients
Transfers to Partnerships
Transfers to Corporations
Transfers to Limited Liability Companies
Transfers to Minors
Transfers to Living Trusts
4. Deeds of Trust
How Trust Deeds Work
How to Fill Out a Trust Deed and Promissory Note
Reconveyance
5. Preparing Your Deed
What Kind of Deed to Use
Preparing a Grant or Quitclaim Deed
Revoking a Deed
6. Recording Your Deed
Step 1: Prepare Change of Ownership Forms
Step 2: Take the Deed and Tax Statements to the Recorder
7. When You Need an Expert
Where to Go for Help
Accountants
Lawyers
Doing Legal Research Yourself
Glossary
Appendix: How to Use the CD-ROM
Installing the Files Onto Your Computer
Using the Word Processing Files to Create Documents
Using Print-Only Files
Files on the CD-ROM
Forms on the CD-ROM
Grant Deed
Quitclaim Deed
Deed of Trust
Promissory Note Secured by Deed of Trust
Real Estate Transfer Disclosure Statement
Natural Hazard Disclosure Statement
Form for Acknowledgment: Military Personnel
Declaration of Exemption From Documentary Transfer Tax: Gift of Real Property
Declaration of Exemption From Documentary Transfer Tax: Division of Marital Real Property
Local Option Real Estate Transfer Disclosure Statement
Index
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