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quit claim deed

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Derenda Guest	Posted: Tue May 31, 2011 2:46 pm    Post subject: quit claim deed Like 0 Dislike 0 I gave my sons my house I own. I would like to get the house out of my name and into theirs. Is the quit claim deed the way to go? Would they have to pay anything?
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Tue May 31, 2011 8:31 pm    Post subject: Like 0 Dislike 0 Hi Derenda, You can sign a quitclaim deed in order to transfer the ownership of the property to your sons. If the property is free and clear, then you may even go for the option of a warranty deed. After the property is transferred, your sons may be liable for paying the property transfer taxes, deed recording fees, etc. _________________ Procrastination is the enemy of your financial success

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