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quit claim deed

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Elizabeth

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Post Posted: Tue Jan 17, 2012 12:30 pm    Post subject: quit claim deed
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How would I state that the grantor is giving a property back to me (mortgagor) in the column for in consideration of money owed on the quit claim deed?
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adonis




Joined: 22 Oct 2005



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Post Posted: Tue Jan 17, 2012 10:18 pm    Post subject:
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Hi Elizabeth,

Your name will be mentioned in the quitclaim deed as the grantee. You and the grantor can mention a token value of $1 in the deed in the column for "in consideration of money owed".

_________________
Procrastination is the enemy of your financial success
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

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Location: Nevada
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Post Posted: Wed Jan 18, 2012 10:32 pm    Post subject:
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Hi Elizabeth,

Apart from what Adonis has said, you can even contact a real estate attorney and take his guidance in this regard. He will help you in filling out the form.

Thanks
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