Legal Question in Real Estate Law in California
What do I fill in after ''quitclaim to'' to transfer house to our living trust?
I'm filling out a quitclaim deed I
downloaded off the County
website. I want to put the correct
language in the blank space where
it says ''FOR VALUABLE
CONSIDERATION, receipt of which is
hereby acknowledged, I (We) (big
blank where I will put my wife and
my names as they appear on the
current deed) (NAME OF
GRANTOR(S)) hereby remise,
release and quitclaim to (big blank
where I'm asking if I should put
something like ''the trust of (my
wife and my names)'' (NAME OF
GRANTEE(S)) the following
described real property in the City
of (our fair city, County of, state of)
(Insert legal description of property,
etc
Well, that's it. Please suggest the
proper language for the blank
before Names of grantees.
Thanks.
Michael
1 Answer from Attorneys
Re: What do I fill in after ''quitclaim to'' to transfer house to our living trust?
In your trust, there should be something indicating how assets should be vested. That language - often something to the effect "John Doe, Trustee of the John Doe Trusted dated 11/03/08" is unique. DO NOT use the language above - the vesting for any given trust is very specific and unique to the trust, and if you make a mistake, you not only don't have the property in your trust, you have a wild deed in your chain of title that will have to be insured around in the future. Call whomever drafted your trust if you cannot find the language to get the exact vesting - be extremely precise as deeds are routinely messed up by those who are not familiar with how precise they must be, and you won't usually discover it until it is too late and someone is deceased and can no longer sign new documents.
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