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No mortgage or Leans

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fidelbaca Joined: 06 Mar 2011 Posts: 1 1.35 Dollars($)	Posted: Sun Mar 06, 2011 12:18 pm    Post subject: No mortgage or Leans Like 0 Dislike 0 3 partys involved. 3 siblings are listed on the deed. 1 wants to buy the others part of owner ship. There are 2 lots listed on the deed, lot#1 has the house and other structures, along with a pump water well. Lot#2 has no structures sewage or utilities on it. The 2 siblings would like to retain Lot#2 along with water rights from the well. Property has already been appraised for total value. All three partys have agreed to a sale price. There is no mortgage or leans on property. My question is, what type of forms and/or agreement need to be filled and filed. does property need to be servaid and restaked? Property is located in the state of New Mexico, USA.
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Sun Mar 06, 2011 8:31 pm    Post subject: Like 0 Dislike 0 Hi fidelbaca, A quitclaim deed can be used in this matter. However, it will be better if you could contact a real estate attorney and take his/her suggestions in this matter. He/she will be able to guide you better in this matter. _________________ Procrastination is the enemy of your financial success

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