For aging parents wishing to add children to property is this the best option.

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Icon Mini Profile karreelyn




Joined: 01 Sep 2009

Posts: 1

1.29 Dollars($)
PostPosted: Tue Sep 01, 2009 9:05 am    Post subject: For aging parents wishing to add children to property is thi

My parents are considering retiring in Florida. Dad owns property in NY and mom in Baltimore. In order to ensure their property interests are carried out, they have considered adding their five children to the deeds. Is a quit claim deed the best option for easy transfer and maintenace of the property. Both properties currently have mortgages.
Icon Mini Profile sunnyca2009




Joined: 04 Aug 2009

Posts: 1737

36.13 Dollars($)
PostPosted: Tue Sep 01, 2009 11:04 pm    Post subject:

Thats correct. Quit claim deed is the quick and easy way to do it


check this out

http://www.mortgagefit.com/search/quitclaim-deed.html
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