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quit claim on a life estate

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l loglund Guest	Posted: Fri Nov 11, 2011 2:09 pm    Post subject: quit claim on a life estate Like 0 Dislike 0 my sister had a life estate on my rental prop... she is no longer able to take care of herself so i go a quit claim recorded.... i got my prop re ass is ther a excemption to this she was never on title not sure what i need to do thanks for you advice _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
adonis Joined: 22 Oct 2005 Posts: 10574 Location: ALASKA 1090.82 Dollars($)	Posted: Mon Nov 14, 2011 7:50 pm    Post subject: Like 0 Dislike 0 Welcome loglund, You are the real owner of the property and as your sister has a life estate on it, she will be able to stay on that property until her death. After her death, you will be considered as the sole owner of the property. I did not understand what deed you need to record now. Can you explain that in details please? _________________ Procrastination is the enemy of your financial success

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