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rita
Guest
0.10 Dollars($)
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 Posted: Sun Jan 01, 2006 3:02 pm Post subject: sale of interest in property |
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can one sale his interest in a property even if someone else is on the deed
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Dave
Guest
0.10 Dollars($)
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| Posted: Sun Jan 01, 2006 4:40 pm Post subject: Provisional quit claim deed |
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| Can the grantor sign a quit claim deed with a provision that the transfer does not take place legally until the date so stipulated on the deed? In other words, the grantor wishes to maintain ownership and control of the property until her death and then the ownership would transfer according to the terms of the deed. |
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Caron
Moderator
Joined: 19 Jul 2005
Posts: 1340
Location: florida
222.66 Dollars($)
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| Posted: Sun Jan 01, 2006 8:45 pm Post subject: RE: |
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Hi Rita,
I think it is absolutely correct if an owner of a property sells his interest in the property even if someone else is on the deed. Actually the quit claim deed allows for the transfer of interest belonging to a particular owner to any other person without affecting the title to the property.
Regards,
Caron. |
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jerry
Moderator
Joined: 17 Oct 2005
Posts: 539
Location: MICHIGAN
49.64 Dollars($)
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| Posted: Sun Jan 01, 2006 9:11 pm Post subject: RE: |
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Hi Dave,
I think the grantor can sign the deed and maintain ownership till the date mentioned. But the deed should state that only after the grantor's death, the ownership would be transferred to the concerned persons.
Your deed should support the provision for Right of survivorship which is quite common in case of joint tenants. So when the grantor dies, her share of ownership interest will be automatically divided among the survivors. But before transferring any share, just consult a lawyer to find out all possible consequences of the transfer valid in your case.
Thanks. |
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Jack Muss
Guest
0.10 Dollars($)
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| Posted: Thu Jan 05, 2006 12:07 am Post subject: How to Null Quit Claim Deed |
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Hi,
After a sour ending relationship-business partnership. I signed the home to my ex-girlfriend by hoping she will leave the business to me (since I was running the business and they were equal value). After she got quit Claim deed to home now she is trying to get most of the money from our business sale by claiming she invested more than I did.
What is my chances to null the quit claim deed.
Thanks for the help |
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Jacob
Guest
0.10 Dollars($)
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| Posted: Thu Jan 05, 2006 12:50 am Post subject: |
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Hi,
I don't think the deed can be nulled, except if the document has provision to become null because of specific reasons. why not talk to an attorney and tell him your problem. And see if the attorney can help you keep your business profit. Show him the relevant papers that speak about how much you have invested.
All the best.
Jacob |
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Samantha
Community Mentor
Joined: 16 Sep 2005
Posts: 1453
Location: MASSACHUSETTS
121.02 Dollars($)
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| Posted: Thu Jan 05, 2006 1:29 am Post subject: RE: |
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Hi Jack,
As far as I have heard in this situation, you can try to file a case against your ex-girlfriend. Doing the quit claim deed does not mean that you have transferred the title of ownership of your property to her. Only a part of your interest in the property has been given to her.
I would advise you that consult an attorney and file a case accordingly. You will be able to get back her share in the property and thus the quit claim deed will become null.
God Bless You.
Thanks
For MortgageFit,
Samantha.
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anonymous1
Guest
0.10 Dollars($)
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| Posted: Tue Jan 10, 2006 11:45 am Post subject: |
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| If you have a Quit Claim Deed in both parties names, not married, with joint ownership/survivorship, can children of either party make a claim against the home. There is no mortage. |
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Samantha
Community Mentor
Joined: 16 Sep 2005
Posts: 1453
Location: MASSACHUSETTS
121.02 Dollars($)
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| Posted: Tue Jan 10, 2006 11:59 am Post subject: |
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Hi,
Welcome to MortgageFit Forums.
If the property is hold as joint tenants, then the property passes automatically to the surviving joint tenant on the other's death.
If it is under tenancy in common, then the deceased's part passes to his/her heirs by law.
Since, yours' is under joint ownership, so the former case will apply. It is better to consult an attorney and change the ownership pattern if you want.
feel free to ask if you have any more doubts.
God bless you.
For MortgageFit,
Samantha
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Sheila
Guest
0.10 Dollars($)
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| Posted: Thu Jan 12, 2006 3:41 pm Post subject: quick claim deed/medicaid |
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| My mother is in a nursing home and is receiving medicaid. She has a home and wants to make a quick claim deed to replace her name with mine on the deed. can I use a quick claim for this purpose? Thanks |
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blue
Joined: 21 Oct 2005
Posts: 1135
Location: MARYLAND
134.28 Dollars($)
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| Posted: Thu Jan 12, 2006 3:49 pm Post subject: |
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Hi Sheila,
I am sorry to hear about your mother. I wish she gets well soon.
Through quit claim you can get your name added in the deed and will thus have ownership rights in the property.
But involve an attorney in the process and follow his suggestions.
If you have any more doubts, you can post it here.
Regards,
Blue |
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Gene
Guest
0.10 Dollars($)
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| Posted: Mon Jan 16, 2006 12:15 pm Post subject: quit claim deed |
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| Can the wife & I use a quit claim to our 3 kids & not lose our property to the government for nursing home care? |
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Zeal_Deal
Guest
0.10 Dollars($)
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| Posted: Mon Jan 16, 2006 7:52 pm Post subject: |
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Gene, you need not worry, you will not loose your property to the government for nursing home care because even after you quit claim your property you still have the title of that property. And your kids will be getting your share of interest in the property.
Zeal_Deal |
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Paul
Guest
0.10 Dollars($)
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| Posted: Thu Jan 26, 2006 8:41 am Post subject: trying to avoid refinancing and quit claim |
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| My wife and i are going to devorce. we would like to know if we can avoid refinancing our house if quit claim is necessary. The house is only in her name, after refinancing a few years ago. We wonder if my name can be added to the mortgage, and then her name taken off by ouit claim at a later date? i have maid the payment for the past 31 years. |
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Paul
Guest
0.10 Dollars($)
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| Posted: Thu Jan 26, 2006 8:45 am Post subject: trying to avoid refinancing and quit claim |
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| My wife and i are going to devorce. we would like to know if we can avoid refinancing our house if quit claim is necessary. The house is only in her name, after refinancing a few years ago. We wonder if my name can be added to the mortgage, and then her name taken off by ouit claim at a later date? i have maid the payment for the past 31 years. |
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