Home arrow Mortgage Forums arrow Deeds, Property Transfer and Estate Planning arrow

Grant deed after quit claim deed

Author Message
edas

Guest







Post Posted: Thu Jul 02, 2009 2:34 pm    Post subject: Grant deed after quit claim deed
Like 0
Dislike 0

In the state of california, the house was transfered to the trust via quitclaim deed. New trust is being written. Can we transfer title directly to new trust and can we use a grant deed?
_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10148
Location: Nevada
941.94 Dollars($)
Post Posted: Thu Jul 02, 2009 7:43 pm    Post subject:
Like 0
Dislike 0

Hi edas,

If the property is free and clear, then a grant deed can be used to transfer the property directly to a new trust. However, if the property is not free and clear, i.e if it has a mortgage, then a quitclaim deed will have to be used.

Thanks
Icon Mini Profile jheard
jheard
Moderator



Joined: 12 Dec 2007

Posts: 734
Location: Houston, TX
116.72 Dollars($)
Post Posted: Sat Jul 04, 2009 8:36 am    Post subject:
Like 0
Dislike 0

Yes.
_________________
Disclaimer: This is not legal advice and I am not your lawyer. The information provided in this forum is for discussion purposes only, and is no substitute for an in-person consultation with an attorney who can analyze all of the facts and determine how your state and local laws may apply to your specific situation.
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Refinance Quotes
Call for Rates
888-485-7561
Speak to a lender now.

We will match calls to our toll free number with our network of lenders.

Ask Questions
Community Attorney
Joshua Heard - Attorney Joshua Heard
Houston, Texas






Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.053 seconds.