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GRANT DEED 2023 - NEC Hwy 111 & Dune Palms Rd (Blackpoint Prop)Recording requested by Stewart Title of California, Inc. RECORDING REQUESTED BY AND: WHEN RECORDED MAIL TO: La Quinta Housing Authority 78495 Calle Tampico La Quinta, CA 92253 Attn: Executive Director 7 O 0% DOC # 2023-0328269 11/02/2023 04:20 PM Fees: $0.00 Page 1 of 5 Recorded in Official Records County of Riverside Peter Aldana Assessor -County Clerk -Recorder "This documenl was electronically submitted to the County of Riverside for recording** Receipted by: TERESA #1134 VA'7/6'7� MAIL TAX STATEMENTS TO: La Quinta Housing Authority 78495 Calle Tampico La Quinta, CA 92253 Attn: Executive Director Space above this line for Recorder's Use Exempt from Recordation Fee per Gov. Code § 27383 The undersigned declares exemption under the following: Exempt from recording fee pursuant to Government Code Section 27383; recorded by a municipality Exempt from documentary transfer tax pursuant to Revenue and Taxation Code Section 11922; government agency acquiring title Escrow/Order No. 1925187 GRANT DEED FOR A VALUABLE CONSIDERATION, the receipt of which is hereby acknowledged BP Dune Palms LP, a California limited partnership ("Grantor") grants to the LA QUINTA HOUSING AUTHORITY, a public body, a corporate and politic ("Grantee"), all right, title and interest in that certain real property in the City of La Quinta, County of Riverside, State of California, legally described as set forth on Exhibit "A" attached hereto and incorporated herein by reference ("Property"). IN WITNESS WHEREOF, Grantor has caused this Grant Deed to be executed as of the date specified below. GRANTOR: BP Dune Palms LP, a California limited partnership By: Blackpoint Properties, LLC, a California limited liability company, its General Partner By: ._,. Jeff Halbert, Manager {BLKPNT/0026/CLOSE/02060969.DOCX2) Mail Tax Statement As Directed Above A Notary .Public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, orvalidity of that document. State of California County of. S O , ,,,,‘ On Q--) (.,\51)\01--c- 301a0,3 , before me, • Cs, t(iusert name and title oldie officer) Notary Public, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature {BLKPNT/0026/CLOSE/02060969.DOCX 2} (Seal) r A. BECK t• COMM. #2408137 Irl CC NOTARY PUBLIC - CALIFORNIA Citi Hr' SONOMA COUNTY ' -+ My Cornrn, E�Nres June 16, 2026 taa_" Notary Public -- California zr Riverside County yfy+, Commission N 2334260 My Comm. Expires Oct 22, 2024 ia"�7��f f•�'�T� Tie CERTIFICATE OF ACCEPTANCE This is to certify that the interest in real property conveyed by BP Dune Palms LP, a California limited partnership ("Grantor") by Grant Deed to the LA QUINTA HOUSING AUTHORITY, a public body, a corporate and politic ("Grantee"), is hereby accepted by the undersigned officer and agent of Grantee and the Grantee consents to the recording of the Grant Deed. Signed and dated at La Quinta , California on October 30, 2023. GRANTEE: LA QUINTA HOUSING AUTHORITY, a public body, a corporate and politic By: �1� cMcM i llen, Executive Director A Notary Public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Riverside On October 30, 2023 , before me, Monika Radeva (insert name and title of the officer) Notary Public, personally appeared Jon McMillen who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature B LKPNT/0026/CLOSE/02060969, DOCX 2 (Seal) GOVERNMENT CODE 27361.7 I CERTIFY UNDER PENALTY OF PERJURY THAT THE NOTARY SEAL ON THE DOCUMENT TO WHICH THIS STATEMENT IS ATTACHED READS AS FOLLOWS: NAME OF NOTARY: Monika Radeva COMMISSION NO; 2334260 PLACE OF EXECUTION: Riverside DATE COMMISSION EXPIRES: Oct 22, 2024 COUNTY OF COMMI55ION: Riverside MANUFACTURER/VENDER NO: NNA1 SIGNATURE: Teodoro Cadenas V 70 i ~-- DATE: Stewart Title -Riverside EXHIBIT "A" LEGAL DESCRIPTION OF PROPERTY The land referred to herein is situated in the State of California, County of Riverside, City of La Quinta and described as follows: Parcel 1 of Parcel Map 38668 in the City of La Quinta , County of Riverside, State of California, per map recorded in Book 257 pages 35 throught 38 of Parcel Maps, records of Riverside County, California. APN: Portion of 600-030-038 {BLKPNT/0026/CLOSE/02060969.DOCX 21 BOE -502-A (P1) REV 15 (02-21) PRELIMINARY CHANGE OF OWNERSHIP REPORT To be completed by transferee (buyer) prior to transfer of subject property, in accordance with section 480,3 of the Revenue and Taxation Code, A Preliminary Change of Ownership Report must be filed with each conveyance in the County Recorder's office for the county where the property is located. NAME AND MAILING ADDRESS OF BUYER/TRANSFEREE (Make necessary corrections to the printed name and mailing address) La Quinta Housing Authority, a public body, a corporate and politic 78495 Calle Tampico La Quinta, CA 92253 ASSESSOR'S PARCEL NUMBER Portion of 600-030-038 SELLER/TRANSFEROR BP Dune Palms, LP, a California limited partnership BUYER'S DAYTIME TELEPHONE NUMBER (760) 777 - 7000 BUYER'S EMAIL ADDRESS jrncmilien@laquintaca, gav STREET ADDRESS OR PHYSICAL LOCATION OF REAL PROPERTY Parcel 1 of Marcel Ma x38668, Vacant Land Portion of APN 600-030-038, La Quinta, CA 92253 OYES ' This property is intended as my principal residence. If YES, please indicate the date of occupancy NO or intended occupancy, MO DAY YEAR Are you a diSahled veteran or a unmarried surviving.spouse of a disabled veteran who was DYES 7INO compenaated al 100% by the Department of Veterans Affairs'? MAIL PROPERTY TAX 1NFORMATsON TO (NAME) La Quinta Housing Authority, a public bad a corporate and politic MAIL PROPERTY TAX INFORMATION TO (ADDRESS) / CITY STATE 78495 Calle Tampico La Quinta CA PART 1: TRANSFER INFORMATION Please complete all .statements. This section contains possible exclusions from reassessment for certain types of transfers. ZIP CODE 92253 YES NO ❑ A. This transfer is solely between spouses (addition or removal of a spouse, death of a spouse, divorce settlement, etc.). ❑ NTitl B This transfer is solely between domestic partners currently registered with the California Secretary of State (addition or removal of a partner, death of a partner, termination settlement, etc.), I....l �I 'C• This is a transfer: 0 between parent(s) and child(ren) 0 between grandparent(s) and grandchild(ren). `D. This transfer is the result of a cotenant's death. Date of death ❑ j 'E. This transaction is to replace a principal residence by a person 55 years of age or old- er. Within the same county? ❑ YES 0 NO ❑ `(ik, 'F. This transaction is to replace a principal residence by a person who is severely disabled. Within the same county? ❑ YES ❑ NO ❑ ' G. This transaction is to replace a principal residence substantially damaged or destroyed by a wildfire or natural disaster for which the Governor proclaimed a state of emergency. Within the same county? ❑ YES 0 NO ❑ " K. This transaction is only a correction of the name(s) of the person(s) holding title to the property (e.g. a name change upon marriage.). If YES, please explain: .] I. The recorded document creates, terminates, or reconveys a lender's interest in the property. ❑ J. This transaction is recorded only as a requirement for financing purposes or to create, terminate, or reconvey a security interest (e.g. cosigner). If YES, please explain: _ ❑ i K. The recorded document substitutes a trustee of a trust, mortgage, or other similar document. L. This Is a transfer of property: ❑ 1 to/from a revocable trust that may be revoked by the transferor and is for the benefit of 0 the transferor, and/or ❑ the transferor's spouse ❑ registered domestic partner ❑ 2 to/from an irrevocable trust for the benefit of 0 creator/grantor/trustor and/or 0 grantor's/trustor's spouse ❑ grantor's/trustor's registered domestic partner. ❑ " M. This property is subject to a lease with a remaining lease term of 35 years or more including written options. [] \ N. This is a transfer between parties in which proportional interests of the transferor(s) and transferee(s) in each and every parcel being transferred remain exactly the same after the transfer. ❑ 0 O. This is a transfer subject to subsidized low-income housing requirements with governmentally imposed restrictions, or restrictions imposed by specified nonprofit corporations. ❑ *P. This transfer is to the first pur haser of a new building containirla an active solar energy system. Q. Other, This transfer is to MJ t- C t * Please refer to the instructions for Part 1 Please provide any other information that will help the Assessor understand the nature of the transfer. THIS DOCUMENT IS NOT SUBJECT TO PUBLIC INSPECTION BOE -502-A (P2) REV. 15 (02-21) = PART 2: OTHER TRANSFER INFORMATION,Check and complete as applicable. _ A. Date of transfer, if other than recording date: al �} -- (tt ,., 4i B. Typo of transfer X Purchase ❑ Foreclosure ❑ Gift ❑ Trade or exchange ❑ Merger, stock, or partnership acquisition (Form BOE -100-B) 0 Contract of sale - Date of contract: 0 Inheritance. Date of death: 0 Sale/leaseback 0 Creation of lease 0 Assignment of a lease 0 Termination of a lease. Date lease began: = Original term in years (including written options): Remaining terms in years (including written options: 0 Other. Please Explain: C. Only a partial interest in the property was transferred: 0 Yes V No If YES, indicate the percentage transferred Oh PART 3: PURCHASE PRICE AND TERMS OF SALE Check and complete as applicable. A. Total purchase price B. Cash down payment or value of trade or exchange excluding closing costs Amount $ , 9(02• I f C. First deed of trust @ _% interest for _ years. Monthly payment $ Amount $ ❑ FHA ( Discount Points) 0 Cal -Vet 0 VA ( Discount Points) 0 Fixed rate 0 Variable rate ❑ Bank/Savings & Loan/Credit Union 0 Loan carried by seller ❑ Balloon payment $ Due date: D. Second deed of trust @ _ % interest for years, Monthly payment $ Amount $ 0 Fixed rate 0 Variable rate ❑ Bank/Savings & Loan/Credit Union 0 Loan carried by seller 0 Balloon payment $ Due date: E. Was an Improvement Bond or other public financing assumed by the buyer? 0 Yes .X No Outstanding balance $ F. Amount, if any, of real estate commission fees paid by the buyer which are not included in the purchase price $ A) tr G. The property was purchased: 0 Through real estate broker. Broker name: Phone Number ( ) Direct from seller 0 From a family member -Relationship ❑ Other. Please explain: H. Please explain any special terms, seller concessions, broker/agent fees waived, financing, and any other information (e.g_, buyer assumed the existing loan balance) that would assist the Assessor in the valuation of your property. III n c. PART 4: PROPERTY INFORMATION Check and complete as applicable. A. Type of property transferred 0 Single-family residence 0 Co-op/Own-your-own 0 Multiple -family residence Number of units: ❑ Condominium ❑ Other Description (Le. timber, mineral, water rights, etc.) 0 Timeshare 0 Manufactured home KUnimproved lot ❑ Commercial/Industrial B. 0 YES Nti NO Personal/business property, or incentives, provided by seller to buycr are included in the purchase price. Examples of personal property are fumiture, farm equipment, machinery, etc. Examples of incentives are club memberships. etc. Attach list if available. If YES, enter the value of the personal/business property: S Incentives c C. ❑ YES" NO A manufactured home is included in the purchase price. IfYES. enter the value attributed to the manufactured home:: S 0 YES NO The manut lured home is subject to local property tax. If NO, enter decal number: D. 0 YES `VI. NO The property produces rental or other income. If YES, the income is from: 0 Lease/rent 0 Contract 0 Mineral rights 0 Other: E. The condition of the property at the time of sale was: 0 Good 0 Average 0 Fair 0 Poor Please describe: CERTIFICATION I certify (or declare) that the foregoing and all information hereon, including any accompanying statements or documents, is true and correct to the best of my knowledge and belief. S!CNhTI E[I>`ERrrRANSEREE OR CORPORATE OFFICER DATE 10/30/2023 TE6�0°)/7 7030 ( NAME OF Elf 1SFEREEILECAL REPRESENTATIVE/CORPORATE OFFICER (PLEASE PRINT) , EMAILAODRESS J Executive Director, La Quinta HousingAuthority xecutive Director jfncmiilen@laquintaca.gav The Assessor's office may contact you for additional information regarding this transaction. PETER ALDANA COUNTY OF RIVERSIDE ASSESSOR -COUNTY CLERK -RECORDER DOCUMENTARY TRANSFER TAX AFFIDAVIT Recorder P.O. Box 751 Riverside, CA 92502-0751 (951) 486-7000 Website: www.riversideacr.com WARNING ANY PERSON WHO MAKES ANY MATERIAL MISREPRESENTATION OF FACT FOR THE PURPOSE OF AVOIDING ALL OR ANY PART OF THE DOCUMENTARY TRANSFER TAX IS GUILTY OF A MISDEMEANOR UNDER SECTION 5 OF ORDINANCE 516 OF THE COUNTY OF RIVERSIDE AND IS SUBJECT TO PROSECUTION FOR SUCH OFFENSE. ASSESSORS PARCEL NO. Portion of 600-030-038 Parcel 1 of Parcel Map 38668, Vacant Land Portion of APN 600-030-038, La Quinta, CA Property Address: 92253 I declare that the documentary transfer tax for this transaction is $0.00. If this transaction is exempt from Documentary Transfer Tax, the reason must be identified below. I CLAIM THAT THIS TRANSACTION IS EXEMPT FROM DOCUMENT TRANSFER TAX BECAUSE: (The Sections listed below are taken from the Revenue and Taxation Code with the exceptions of items 9 and 10 which are taken from Riverside Comity Ordinance 516). Please check one or explain in "Other". 1. Section 11911. The consideration or value of the property, exclusive of any liens and encumbrances is $100.00 or less and there is no additional consideration received by the grantor. 2. Section 11911. The conveyance transfers to a revocable living trust by grantor or from a revocable living trust to a beneficiary. 3. Section 11921. The conveyance was given to secure a debt. 4. X Section 11922. The conveyance is to a governmental entity or political subdivision. 5. Section 11925. The transfer is between individuals and a legal entity or partnership, or between legal entities and does not change the proportional interests held. 6. Section 11926. The conveyance is to a grantee who is the foreclosing beneficiary and the consideration paid by the foreclosing beneficiary does not exceed the unpaid debt. 7. Section 11927. The conveyance relates to a dissolution of marriage or legal separation. (A spouse must sign a written recital in order to claim this exemption. This fonn may be used for that purpose.) 8. Section 11930. The conveyance is an inter vivos gift* or a transfer by death. *Please be aware that information stated on this document may be given to and used by governmental agencies, including the Internal Revenue Service. Also, certain gifts in excess of the annual Federal gift tax exemption may trigger a Federal Gift Tax. In such cases, the Transferor (donor/grantor) may be required to file Form 709 (Federal Gift Tax Return) with the Internal Revenue Service. 9. Section 8 The easement is DA perpetual, permanent, or for life. 10. Section 9 The document is a lease for a term of WI than (35) years (including written options). 11. Other (Include explanation and legal authority) I DECLARE UNDER PENALTY OF PERJURY THAT THE FOREGOING IS TRUE AND CORRECT. day of October , 20 23 at Palm Desert, CA urn of Affiant Printed Name of Affiant Stewart Title of California Inc. Name of Firm (if applicable) City State 73020 El Paseo Ste 103 Palm Desert, CA 92260 Address of Affiant 760-771-4645 Telephone Number of Affiant (including area code) This form is subject to the California Public Records Act (Government Code 6250 et. seq.) For Recorder's Use: Affix PCOR Label Here ACR 521 (Rev. 11/2014) Available in Alternative Formats