Your attorney should coordinate deed execution with any related transactions, such as: Active mortgage arrangements Current lease agreements Property tax schedules Maintaining thorough records is equally import
Self-preparation of legal documents can be confusing, time-consuming, and expensive. Sacramento Deed Services will help you correctly prepare and submit your California real estate documents. This can help you avoid costly delays due to errors or oversights, without the need for an attorney. With...
Thequitclaim deed, also called a non-warranty deed, offers the grantee the least amount of protection. This type of deed conveys whatever interest the grantor currently has in the property—if any. No warranties or promises regarding the quality of the title are made.8 If the grantor has a ...
What deed should I use to transfer property from an LLC to a person?Either a quitclaim deed (no title guarantees) or a grant deed (some guarantees). Consult with a real estate attorney to choose the right one. Is reassessment of property taxes triggered in California when transferring title...
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Transfer tax is levied at a flat rate of 4.00% on the sales price of the property or the market value of the property, whichever is higher. Transfer taxes are actually split evenly between the buyer (2%) and the seller (2%) but in practice, the buyer pays for the transfer tax. ...
attorney will review the lease, tenant financials, loan documents (if applicable), title commitment, estoppel certificate, survey, Phase 1 Environmental Site Assessment, deed and other items during your due diligence period. Last but not least, your attorney will review a stack of closing documents...
Sometimes there might be an implied easement that isn't listed on any deed, legal document, or written agreement. Therefore, before buying property, it's important to hire areal estate attorneyto help you check if there's an easement. Attorneys can interpret complex legal statements and ensure...
Keep in mind that there may be costs associated with a real estate title transfer; you should consult your mortgage lender, tax professional, and/or attorney to understand which types of costs might be involved. 3. Draft a deed of transfer There are two popular types of deeds for property ...
IN THE MATTER OF A DEED OF ASSIGNMENT, POWER OF ATTORNEY, PROPERTY SALE AGREEMENT AND PROPERTY PURCHASE AGREEMENT ALL DATED THE 8TH DAY OF APRIL 2008 filed on February 28th, 2024