What Are The Different Types Of Title Deeds In Anaheim?

A Quick Guide To Property And Title Deeds In California

Looking to buy a new house? A piece of land? Or are you looking to sell yours instead? The first thing you need to know is the type of deed you're getting for the property.

There are 5 different types of deeds, and all of them serve their own functions along with some pros and cons. Here's a quick guide to deeds, as often overseen by our prescreened Anaheim Estate Lawyers in California:

estate planning attorney anaheim

What Is A Deed?

A deed is used to lawfully transfer property title and ownership from the grantor to the grantee in real estate transactions. Regardless, a deed must be recorded at the Clerk of Records office of the County when all needed parties have signed it.

If you neglect to file the registered deed, you do not lose control of the property. However, proving your ownership becomes more complex, which can result in a range of consequences, including the loss of your property to a county tax lien sale.

What Type Of Deed Do You Need?

There are five different types of property deeds, each of which is used in a different situation:

1. Warranty Deed

In terms of property deeds, this is the best. It's a term that's commonly used in real estate deals. The grantor assures the grantee that the property's title is clear and that there are no debts or liens against it. Not just during that buyer's possession of the property but throughout its whole lifetime.

Throughout the property's lifetime, the grantor ensures the grantee that there have been no issues with the title. In addition, this deed is used by the grantor to notify the grantee that they have the full legal right to sell the property and that it is free of debts and liens.

anaheim real estate lawyer