How do we legally transfer 2 parcels of property?

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Icon Mini Profile brnhelms




Joined: 13 Aug 2008

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PostPosted: Wed Aug 13, 2008 10:39 am    Post subject: How do we legally transfer 2 parcels of property?

We own an acre of land, a small part of which is located across a culvert adjacent to a farmer's field. This farmer also has a small piece of land across the culvert on our side adjacent to our one acre. While renting out this property (sometime within the past year) the farmer assumed our property across the culvert adjacent to his property (without our permission) and is now farming on it. We have not assumed his property yet, but would like to...the two properties are approximately the same size, so it would be an equal trade off and would benefit us both. How do we legally transfer ownership? In other words, which form do we need to use? I wonder if a quitclaim deed would do the job.

Thanks!
Icon Mini Profile jameshogg
jameshogg



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PostPosted: Wed Aug 13, 2008 11:19 pm    Post subject: RE: legal transfer of ownership

Hi Brnhelms,

Welcome to forums.

If you wish to transfer ownership legally, you may use a quitclaim deed. But there's no friend or relative involved here, and the land doesn't have any liens I believe. Therefore, you can use a grant deed also.

Know more on grant deed .

Thanks
Icon Mini Profile brnhelms




Joined: 13 Aug 2008

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PostPosted: Thu Aug 14, 2008 8:30 am    Post subject:

Thank you! I had not heard of grant deeds before. We do have a mortgage on our property...not sure about the farmer...will this pose a problem?
Icon Mini Profile Caron
Caron
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PostPosted: Fri Aug 15, 2008 5:37 am    Post subject:

Hi brnhelms,

If you have a mortgage on the property, a grant deed won't work. Then you'll have to use a quitclaim deed. Just in case you're not sure of how quitclaim deed works , please take a look at the information available on this topic.

Good luck

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