Transfer Deed To Living Trust California

First get a deed form.

Transfer deed to living trust california.

To transfer real estate also called real property into your living trust you must prepare and sign a new deed transferring ownership. Wait for the deed to be returned you will receive your original recorded deed from your county recorder a few weeks after recording. It is up to you to ensure that the deed in fact meets all the legal requirements needed to transfer the property into the your trust. Try to find one that is specific to your state.

Keep the property in the trust there are occasions where property might be taken out of the trust. Locate your current deed. You can usually fill out a new deed yourself. When you re putting property in trust consider consulting an attorney so you have peace of mind that you re doing the transfer correctly.

Counties vary on how long this takes. To put your real estate in trust you transfer the property s deed into the trust. Because a warranty deed shows that the grantor or person making the transfer actually owns the property it is the type of deed most often used in california real estate transfers. The trust then becomes the property s owner.

In california to transfer real property into a living trust the grantor must fill out a grant deed the vehicle for transferring ownership of title from the grantor to the trust itself. A california revocable living trust gives a person control of the trust assets while alive but establishes the parameters of transfer to beneficiaries after death. A trust is a unilateral contract. The most common is a re finance.

If a problem should arise with the property such as the buyer or grantee discovering there s a lien on the property the warranty deed gives the grantee the right to sue the grantor.