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quick claim deed

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Icon Mini Profile nubianbabi3



Joined: 06 Dec 2007

Posts: 1



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PostPosted: Thu Dec 06, 2007 7:13 am    Post subject: quick claim deed

can you do a quick claim deed at closing with someone
 
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Icon Mini Profile shane
shane


Joined: 03 Dec 2007

Posts: 97
Location: Orange County, CA


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PostPosted: Thu Dec 06, 2007 11:29 am    Post subject:

It's called a quit claim deed (to save you embarassment when you refer to it again), and yes you may permitted that all parties agree to it, and if a mortgage financing is involved the lender must be OK with it as well.
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Icon Mini Profile larry



Joined: 27 Jun 2007

Posts: 3328



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PostPosted: Thu Dec 06, 2007 11:34 am    Post subject:

Hi nubianbabi,

Welcome to this forum.

You can use a quitclaim deed but if the property is a mortgaged property, you have to take consent from the lender before signing the quitclaim deed.

Thanks,
Larry
 
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Icon Mini Profile jenkin7



Joined: 04 Jun 2007

Posts: 939



140.80 Dollars($)

PostPosted: Fri Dec 07, 2007 3:50 am    Post subject:

Hello Nubianbabi,

You may transfer ownership interest using a quit claim at the time of closing, but in some states these two events should happen separately.
 
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