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Quitclaim Deed

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Jaime Gonzalez

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Post Posted: Mon Jan 31, 2011 12:26 pm    Post subject: Quitclaim Deed
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Can we avoid the property taxes from being re-assessed after the property is quitclaimed over to my sister? I would like to quitclaim a property over to my sister, however, wish to avoid a new property tax rate as a result?
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adonis




Joined: 22 Oct 2005



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Location: ALASKA
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Post Posted: Tue Feb 01, 2011 10:49 pm    Post subject:
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Welcome Jaime,

Normally after a property is quit-claimed to someone, the tax department will reassess the taxes. I don't think you'll be able to avoid the reassessment.

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