What are you looking for? 

Quit Claim Validity

Author Message
Beverly

Guest







0.10 Dollars($)

PostPosted: Wed Oct 10, 2007 9:52 am    Post subject: Quit Claim Validity

Is a quit claim valid if it is not recorded.
 
image
Michel

Guest







0.10 Dollars($)

PostPosted: Wed Oct 10, 2007 9:10 pm    Post subject:

Hi,

A quit claim should be recorded to establish legal notice. It must be notarized in order to be valid.
 
image
Icon Mini Profile jenkin7



Joined: 04 Jun 2007

Posts: 939



140.80 Dollars($)

PostPosted: Thu Oct 11, 2007 5:02 am    Post subject:

Hello Beverly,

A quit claim is not valid if it is not recorded.
 
image
Icon Mini Profile evolovik26
evolovik26
Community Experts
Community Experts

Joined: 15 Aug 2007

Posts: 482
Location: Minneapolis


19.70 Dollars($)

PostPosted: Thu Oct 11, 2007 6:28 am    Post subject:

Well the issue is the quitclaim deed is in its nature a process in which the deed is recorded with the county meaning that if all the parties sighned the deed it is supposed to be recorded with the county as part of the process. Just because it hasnt been recorded yet does not make it invalid and as soon as its recorded it will be valid. Think of it this way - If you bought a car but it will take title 2 months to be transfered in your name the car is still yours you just have to wait for the title to come to you.
_________________
Eugene Volovik
Branch Manager
Team USA Mortgage

612-481-3127
Conventional, FHA and Commercial Lending
 
image
Icon Mini Profile liaoyu03



Joined: 09 Sep 2007

Posts: 213



9.09 Dollars($)

PostPosted: Fri Oct 12, 2007 8:06 am    Post subject:

yes, though a quitclaim deed is simple and best method for the tansferring between the famlity member,though a quitclaim deed don't need some law procedure,it's the grantor oral tansferring and don't need to be proved if the grantor has the true real propery by the grantor. But, only a quitclaim deed is recorded, the deed can be valid .
 
image
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool
Mortgage Planner
Simple Budgeting Tool


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit Live Help

Explore the lender near you

Google Map Image

MF Talk

 
About Us  | Contact Us  | Our Blog  | Privacy Policy  | Testimonials  | Website Tools  | RSS Feeds  | Site Map 
We have chosen to apply the Creative Commons Attribution License to all works we publish.
This work is licensed under cc by 2.0