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 dfseelandhomes
Joined: 15 Aug 2008
Posts: 1
1.53 Dollars($)
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 Posted: Fri Aug 15, 2008 12:22 pm Post subject: quitclaim deed or warranty deed? |
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| To remove one owner's name form a house title, which deed form should be used? Two sister's have names on the title right now. One sister's name needs to be removed. |
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laphillips
Community Experts
Joined: 10 May 2008
Posts: 134
Location: Yucaipa, CA
33.92 Dollars($)
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| Posted: Fri Aug 15, 2008 2:02 pm Post subject: quitclaim deed or warranty deed? |
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A warranty deed is used to guarantee clear title to a property whereas a quit claim deed would only transfer title. So a quit claim deed is the one you would want to remove a name from the title.
_________________
Lynnette Phillips
Loan Officer/Realtor,
Foreclosure Consultant
Home Pride Mortgage
My Blog: http://activerain.com/helpingufindaway
My website: http://lynnettephillips.com
**This is not intended as legal advice. I am not an attorney.** |
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larry
Joined: 27 Jun 2007
Posts: 3328
474.49 Dollars($)
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| Posted: Sat Aug 16, 2008 1:49 am Post subject: |
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Hi dfseelandhomes.
Welcome to the forum. You can use a quitclaim deed to remove someone from the title of the property. But that person, whom you are removing from the deed, should sign the deed as grantor? If he is also on the mortgage then the grantee or the present owner should refinance the mortgage on his/her name. Feel free to ask if you have any further questions.
Best of luck,
Larry |
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cliff
Community Experts
Joined: 05 May 2008
Posts: 328
Location: Houston
75.44 Dollars($)
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| Posted: Mon Aug 18, 2008 6:36 pm Post subject: |
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Good point Larry and Lynette. If the sister who is signing over her interest wants to guaranty title then you should use a warranty deed. However, I’m sure she doesn’t want to guaranty title so you should probably use a quit claim deed.
Hope this helps. 
_________________
Cliff Pape
Market Analyst
www.home-buddies.com |
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