Posted by Salvador Avalos on 12/23/07 5:17pm
Msg #227503

Grant DEED on MS Word

Does anybody know where I can get a grant deed on Word. I am in the process of transferring a property. I have a grant deed on PDF, but don't have a typewriter to type it out. Any help will be appreciated.

Reply by Glenn Strickler on 12/23/07 5:32pm
Msg #227504

Try one of the .pdf to .doc converters available to download on the internet. Here is one suggestion that has a 30 day free trial. Then you will be able to use the copy you have.

http://www.docudesk.com/downloads.shtml?id=1

Another option is download.com.

I have not tried any of these, I just did a quick search. You can find most anything on the internet if you take the time to search ....

Reply by Glenn Strickler on 12/23/07 5:38pm
Msg #227505

I just tried the docudesk and it works fine .......

In trial mode, it will let you do what you want .....

Reply by Laura Vestanen on 12/23/07 7:36pm
Msg #227509

You can type in your info on this free grant deed at this site and then print it.
http://www.bethesmartinvestor.com/documentFiles/7.pdf
The website says the form is CA specific.


You might be able to copy paste a grant deed into MSW from here
http://www.saclaw.lib.ca.us/uploads/GrantDeed.doc

See info at http://www.saclaw.lib.ca.us/pages/deeds.aspx

Third option: print in your info by hand.

Good luck!
LauraV

Reply by Ernest__CT on 12/23/07 11:23pm
Msg #227525

Be extremely careful.

Your state probably has specific requirements that may or may not be reflected in off-the-shelf software or templates.

While I have no intent to insult you, transferring a property is not something that a layman, even an experienced Notary Signing Agent, should undertake without legal advice.

Caveat lector.

Reply by Salvador Avalos on 12/23/07 11:49pm
Msg #227527

Thanks Everybody, I have found one that works. I am adding my wife to title.

THanks

Reply by Maureen_nh on 12/24/07 12:21pm
Msg #227558

Re: Grant DEED

Is a grant deed the same as a quit claim deed? That's what we use here for that purpose.

Reply by MikeC/NY on 12/24/07 2:01pm
Msg #227569

Re: Grant DEED

You can generally use either, depending on local law and custom. A quit claim deed has no warranty at all - whatever interest a party has is transfered to the other party, and there's no indication of exactly what that interest might be or whether there are existing liens. A grant deed is somewhat stronger - it implies a promise that the property hasn't already been transferred to someone else or encumbered by liens. A warranty deed is an explicit promise that the title is passing free and clear of encumbrances. In NY, what he's doing is usually accomplished with a quit claim deed since all he's doing is adding his wife's name to title; requirements may be different in CA.

As an aside, I found this explanation of why they're called "deeds" a while ago on Wikipedia; I have no idea if it's true or not, but it's entertaining...

"The types of deeds that are now used to transfer real property are a relatively modern invention. Previously, the party selling a property, called the "grantor", transferred the property the buyer, called the "grantee", by performing some commonly recognized deed, such as picking up a handfull of soil on the property, throwing it at the buyer, and reciting legally prescribed words that acknowledged the transfer. Over time, and particularly with the development of modern technology that permits government offices to keep accurate copies of documents, the physical "deed" that was formerly performed in order to transfer a property was replaced by the paper "deed", also known as a "deed poll", that is now commonly used."

Reply by John_NorCal on 12/24/07 5:51pm
Msg #227587

Re: Grant DEED

>>>Is a grant deed the same as a quit claim deed?<<<<<

No. A quit claim deed, at least in CA, removes a name from title. For instance Joe is on title and quit claims his interest to Joy. He is off title and Joy is on title.
With a grant deed Joe can give an interest in property to Joy. They will both be on tiltle and their ownership interest can be joint tenancy or tenants in common.
This should not affect any loan since Joe is not going off title but adding someone to title.

Reply by MikeC/NY on 12/25/07 9:04pm
Msg #227633

Re: Grant DEED

You can use either in NY to add a name to title. Joe as grantor quit claims to Joe and Joy as grantees. I've seen a number of these, and most were adding the spouse to title.

Reply by WDMD on 12/24/07 1:58pm
Msg #227568

"Thanks Everybody, I have found one that works. I am adding my wife to title."

I am wondering about adding someone to title of property. I am not an attorney, nor do I know CA law. Perhaps someone who is familiar with law can answer this. In a Fannie Mae/Freddie Mac Uniform Instrument Note used here in Maryland there is a clause that reads:

"If all or any part of the Property or any Interest in the Property is sold or transferred without the Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument."

If this clause is legal in your state would this not require you to get approval from the lender that you are adding someone to title of the property? Original poster does not state whether he got approval or even if he has a loan on the property, but when I read the post this question popped in my mind.

Reply by MikeC/NY on 12/24/07 2:12pm
Msg #227571

<<If this clause is legal in your state would this not require you to get approval from the lender that you are adding someone to title of the property?>>

That's a standard clause in NY mortgages, and technically the answer to your question is yes - whether you're adding OR removing someone from title. The lenders don't check and don't really care as long as the mortgage is being paid on time.

Reply by WDMD on 12/24/07 3:20pm
Msg #227574

"The lenders don't check and don't really care as long as the mortgage is being paid on time."

Couldn't the filing of a quitclaim deed possibly affect lien position? I don't know, thats why I am asking. Maryland is a "race notice" state (first to record establishes priority), and I am wondering if someone were to file a deed transferring property(quitclaim) would that possibly affect the lien that was currently in first position.

Reply by Linda_H/FL on 12/24/07 5:02pm
Msg #227582

In a word....no...

Quit Claim Deeds affect the vesting of title - the ownership of the property, if you will. It has no bearing on the priority of the lender's lien as it's not a security instrument - it's one of several means of establishing or changing title to the property,. Most lenders don't allow the transferring of a beneficial interest in the property because they don't want the mortgagor giving their collateral away. They normally will, however, allow transfers between spouses as long as the original mortgagor is still named on title, such as in this case where he's adding his wife to title.

Reply by Terri_CA on 12/26/07 4:46pm
Msg #227693

Salvador

In CA you must also file a Preliminary Change of Ownership form with the Grant Deed. However, if you don't know how to fill it out, you could cause serious consequences regarding your property taxes.

This form helps you to keep your taxes from being re-assessed as if it were a sale transaction. Furthermore, there is something you should put on the Grant Deed to also facilitate the fact that it's just a transfer, such that it is, between husband and wife, again so that the property is not re-assessed!

How do I know? Because a friend of mine just did this, only it was removal of a family member from title. She called someone she knew who worked in a title office.

Terri
Lancaster, CA