Home arrow Mortgage Forums arrow Forums: Learn from other's experiences arrow

can you transfer someone else to a quickclaim deed

Author Message
Johansen

Guest







Post Posted: Tue Aug 29, 2006 12:18 pm    Post subject:
Like 0
Dislike 0

Hi,

Yes by quit claim deed you can transfer your part to someone else's name.

Thanks
Icon Mini Profile colin
colin
Moderator



Joined: 30 Jun 2006

Posts: 582
Location: Waltham, Massachusetts
112.65 Dollars($)
Post Posted: Tue Aug 29, 2006 12:29 pm    Post subject:
Like 0
Dislike 0

Hi,

Quit claim deeds are commonly used for the purpose of transferring a person's share in the property to another. So, you can very well use it to give your share of interest in the property to some other person.

To know How Quit claim deeds work, please go through our section.

If you have any other query, let us know so that we can help you out with the right answer.

Thanks
Colin
derick

Guest







Post Posted: Wed Aug 30, 2006 12:02 am    Post subject:
Like 0
Dislike 0

Hi,

The same quit claim deed cannot help. You will have to prepare a new deed and then transfer your share of property-interest to the other person.

Thanks.
Icon Mini Profile daltonsjr





Joined: 22 Jul 2008

Posts: 17

9.36 Dollars($)
Post Posted: Tue Jul 22, 2008 9:50 pm    Post subject: but without permission of others on deed?
Like 0
Dislike 0

If those already on deed do not want addition, do they need to get permission?
Icon Mini Profile larry





Joined: 27 Jun 2007

Posts: 3322

474.67 Dollars($)
Post Posted: Wed Jul 23, 2008 5:36 am    Post subject:
Like 0
Dislike 0

Hi daltonsjr .

Welcome to the forum.

Yes. You need to take the permission of all the other owners of the property to add anyone on the title. Have you consulted with any attorney on this matter? If not better do it.

Best of luck,
Larry
Icon Mini Profile daltonsjr





Joined: 22 Jul 2008

Posts: 17

9.36 Dollars($)
Post Posted: Wed Jul 23, 2008 9:27 am    Post subject: Thank you for the quick reply
Like 0
Dislike 0

Above you state

Quit claim deeds are commonly used for the purpose of transferring a person's share in the property to another. So, you can very well use it to give your share of interest in the property to some other person.

My other question is if someone did do that it would be to add another person to ONLY THEIR SHARE of the property, as opposed to a sixth person added to the mix.

Thanks again!!
Icon Mini Profile larry





Joined: 27 Jun 2007

Posts: 3322

474.67 Dollars($)
Post Posted: Thu Jul 24, 2008 1:29 am    Post subject:
Like 0
Dislike 0

Hi daltonsjr.

Welcome back.

You can definitely quitclaim to transfer your share of the property but as you are joint tenants you need to take permission for, your other owner also. In Joint Tenancy You have all the owners have equal ownership and undivided rights. So it is imperative to take permission.

Hope it helps. Feel free to ask if you have any further questions.

Best of luck,
Larry
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

 
Highlights
Bookmark this page
Share |

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


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


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


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

MortgageFit on Twitter

Followers (265)








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 21.253 seconds.