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Removing property interest in TN by filing a quit claim deed

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Icon Mini Profile bjacobsen



Joined: 20 May 2008

Posts: 1



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PostPosted: Tue May 20, 2008 12:41 pm    Post subject: Removing property interest in TN by filing a quit claim deed

Hi

I and my roommate bought a property in 2004. We just signed the refinance documents to be in my name only and I am buying him out for $x.XX. I am planning on us filling out a quit claim deed to remove his name from title. Teh respective state is Tennessee. Is there anything else I need to do besides havinbg the deed recorded to remove his property interest completely?

Thanks
Liz
 
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Icon Mini Profile adonis
adonis


Joined: 22 Oct 2005



Posts: 1438
Location: ALASKA


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PostPosted: Tue May 20, 2008 9:27 pm    Post subject:

Welcome Bjacobsen,

I suppose you're on the right track. And just see that you get a notary public to sign on your deed and 2 other witnesses. Then get the deed recorded fast.

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Mac_7

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PostPosted: Wed May 21, 2008 5:02 am    Post subject:

Ask an attorney to draft the deed as he knows what to put down in the legal language. Also, check out the TN laws as to whether you need to sign the deed as the grantee. That's because in many states, only the grantor (one who's transferring property interest) needs to sign.
 
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Icon Mini Profile lisascherzer



Joined: 04 Jan 2008

Posts: 749



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PostPosted: Fri May 23, 2008 9:00 pm    Post subject:

nope just have the quit claim deed signed and recorded.
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