quit claim deed

Guest 0.10 Dollars($)

Hey I am looking at a property to buy for my son, and it only
has a quit claim deed to it,
How safe is that to buy?
will he own it,
It has a tax map and survey
but one person on the quit claim deed did not sign it,
so then what????

larry · Joined: 27 Jun 2007 Posts: 3328 473.51 Dollars($)

Hi jayt,

Welcome to the forum.

If you are buying the house then better use a warranty deed. Quitclaim deed will transfer the property to your son and he will be the owner but quitclaim deed does not assure that the title is free from any lien.

"but one person on the quit claim deed did not sign it,"
The owner can only quitclaim. That means whoever is on the title can quitclaim and needs to sign the quitclaim deed.

Feel free to ask if you have any further questions.

Best of luck,
Larry

Niicss · Posted: Mon Apr 07, 2008 2:44 am Post subject:

Welcome jayt,

Quitclaim deed doesn't assure you that the property is free from liens. So better use a Warranty deed because you are buying the property. Quitclaim deed is mostly used when the property transfer is occurring within the family.

Let me know if you have any more questions.

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