---

complicated deed

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
Sandra Guest	Posted: Wed Jul 13, 2011 7:46 pm    Post subject: complicated deed Like 0 Dislike 0 Property was deeded to eldest grandson - retained life estate - but further complicated the deed by placing statement that should the property ever be sold that the other grandchildren would receive a designated amount of money. Each grandchild was listed in the statement. House is beyond repair and sale of the lot would probably not provide enough to meet the designated amount of money for each grandchild. Could a quit claim deed from each grandchild be used for something like this ???
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Thu Jul 14, 2011 8:16 pm    Post subject: Like 0 Dislike 0 Hi Sandra! Welcome to forums! This is something you need to clarify with a real estate attorney. He/she will let you know whether or not you'll require quitclaim deeds from all the grandchildren. Feel free to ask if you've further queries. Sussane

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0