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  2. Gift (law) - Wikipedia

    en.wikipedia.org/wiki/Gift_(law)

    A gift, in the law of property, is the voluntary and immediate transfer of property from one person (the donor or grantor) to another (the donee or grantee) without consideration. There are several type of gifts in property law, most notably inter vivos gifts which are made in the donor's lifetime and causa mortis (deathbed) gifts which are ...

  3. Uniform Transfers to Minors Act - Wikipedia

    en.wikipedia.org/wiki/Uniform_Transfers_to...

    It is a more flexible extension of the Uniform Gifts to Minors Act (UGMA), and allows the gifts to be real estate, inheritances, and other property. [citation needed] The Act allows the donor of the gift to transfer title to a custodian who will manage and invest the property until the minor reaches a certain age. The age is generally 21, but ...

  4. Title (property) - Wikipedia

    en.wikipedia.org/wiki/Title_(property)

    A famous rule is that a thief cannot convey good title, so title searches are routine (or highly recommended) for purchases of many types of expensive property (especially real estate). In several counties and municipalities in the US a standard title search (generally accompanied by title insurance ) is required under the law as a part of ...

  5. Recording (real estate) - Wikipedia

    en.wikipedia.org/wiki/Recording_(real_estate)

    Each U.S. state has a recording act, a statute which dictates the legal procedure by which an individual claiming an interest in real property (real estate) formally establishes their claim to that property. The recordation of property rights becomes particularly significant where an unscrupulous dealer in land purports to sell the same tract ...

  6. California Gift Tax: All You Need to Know - AOL

    www.aol.com/news/california-gift-tax-know...

    California doesn’t enforce its own gift tax. However, the federal government does. That tax rate can climb to as high as 40%. Still, there are plenty of ways you can minimize the hit or avoid it ...

  7. Deed of trust (real estate) - Wikipedia

    en.wikipedia.org/wiki/Deed_of_trust_(real_estate)

    The act of recording provides constructive notice to the world that the property has been encumbered. [5] When the debt is fully paid, the beneficiary is required by law to promptly direct the trustee to transfer legal title to the property back to the trustor by reconveyance, thereby releasing the security for the debt. [6]

  8. Real Estate Transfer: Baby Boomers Secure Generational ... - AOL

    www.aol.com/finance/real-estate-transfer-baby...

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  9. Gift tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Gift_tax_in_the_United_States

    When a taxable gift in the form of cash, stocks, real estate, gift cards, [2] or other tangible or intangible property is made, the tax is usually imposed on the donor (the giver) unless there is a retention of an interest which delays completion of the gift. A transfer is "completely gratuitous" when the donor receives nothing of value in ...

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