What is a trust deed?

A trust deed is a legal document that is used to transfer the ownership of real property, such as land, buildings, and homes, from one person (the grantor) to another person (the trustee). In California, a trust deed must be recorded in the county where the property is located. This deed creates a fiduciary relationship between the grantor and the trustee. In this arrangement, the trustee holds legal title to the property while the grantor retains the equitable title to it. The trust deed also contains important information about the property, such as its legal description, the name of the grantor, and the name of the trustee. It also includes the grantor’s intentions for the trust and the provisions for how the trust will be managed and administered. The purpose of a trust deed is to protect the grantor’s interests in the property. In California, the deed must be signed by both the grantor and the trustee and then witnessed by two other people. The trust deed must also be notarized, which helps to ensure its validity. Trust deeds can be important tools in estate planning, since they can reduce the time and expense associated with probate. They can also be an effective way to protect a grantor’s property rights and interests in the event of their death or disability. This is why many individuals choose to create a trust deed when managing their trusts and estates in California.

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