Amy wants to add her adult daughter to the title of her California home as a gift. Amy's agent recommends using a grant deed. Before the transfer is legally effective, what must occur?
Correct Answer
B) The deed must be delivered to and accepted by the daughter
Under California law, a deed is not effective until it is delivered to and accepted by the grantee. Delivery requires the grantor's intent to immediately transfer title, and acceptance is presumed when the transfer is beneficial to the grantee. Recording is recommended but not required for the transfer to be valid between the parties.
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Previous Question
Kevin purchases a property in Oakland and obtains a CLTA standard title insurance policy. Two years after closing, he discovers that a contractor who performed work on the property before Kevin's purchase recorded a mechanic's lien against the property, but the lien was not indexed in a way that appeared in the title search conducted at closing. Kevin files a claim with his title insurance company. How is this claim most likely to be treated under a CLTA standard policy?
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A California real estate licensee is explaining the essential elements of a valid deed to a first-time buyer. Which of the following is NOT a requirement for a valid deed in California?