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California Probate Form DE-305 Affidavit re Real Property of Small Value ($50,000 or Less) – UPDATED: Now $55,425

Posted by John B. Palley on Friday, June 1st, 2012 in Probate Form
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California Probate Form DE-305 Affidavit re Real Property of Small Value ($55,425 – formerly $50,000 or Less) is very useful for transferring interests in real property after death. It can be used for any real property with a gross value of less than $55,425. This might include timeshares, vacant land, fractional interests in real estate, strips of land, and other similar interests. The petition is notarized, file and then approved by the Court clerk (not the Judge).  The form is free online if you want to try it yourself or hire a licensed California attorney to lead you through the process of obtaining the appraisal, filing it all in Court and recording the court order with the county recorder!

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