What are the different types of real estate deeds?

Real estate deeds are legal documents that record the transfer of ownership of land or property, including buildings, from one person or business to another. In California, there are several different types of real estate deeds, each with its own purpose. These deeds include the Grant Deed, the Bargain and Sale Deed, the Quitclaim Deed, and the Warranty Deed. The Grant Deed is the most common type of real estate deed in California. It is usually used to transfer ownership between two parties who are already familiar with each other, such as relatives or spouses. A Grant Deed does not guarantee the condition of the property, but it does guarantee that the grantor holds clear title to the property. The Bargain and Sale Deed is similar to the Grant Deed, but it includes a guarantee that the grantor holds title and is selling the property free and clear of any liens or encumbrances. This type of deed is often used when the buyer and seller do not know each other well. The Quitclaim Deed is used to transfer ownership between family members or to clear title issues. It does not guarantee the condition of the property and does not guarantee clear title. Finally, a Warranty Deed is the most comprehensive type of real estate deed. It is most often used in real estate transactions between strangers, and it guarantees that the grantor holds clear title and promises to defend the title against claims from any third parties. Additionally, it guarantees that the property is being sold in its current condition.

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What are the different types of real estate deeds?

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