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PostPosted: Fri Jul 11, 2008 9:31 pm    Post subject: hi

how long after buying a property can you sign a quitclaim deed
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Niicss


Joined: 03 Oct 2005

Posts: 1287
Location: New Jersey


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PostPosted: Sat Jul 12, 2008 12:07 am    Post subject:

Welcome Guest.

You can quitclaim your property anytime to anyone but if it is a mortgaged property then you should have an approval from the mortgage company before you quitclaim. Otherwise it will be considered as due and loan will be immediately payable. So you should ask the grantee to refinance the mortgage on his/her name.

Let me know if you have any further queries.

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