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bradyk0 · Joined: 31 May 2009 Posts: 1 1.00 Dollars($)

I have a property that i own in texas. I want to deed it to my mother as a gift. do i use a quitclaim deed or a warranty deed?

Realgeni · Joined: 13 Apr 2009 Posts: 1434 99.76 Dollars($)

You would do quit claim deed. This will transfer the interest in the property in to yoru monther name.

Warranty deed - A warranty deed is a type of deed where the grantor (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it. You are delacing that you are the owner of that property and has the right to seel it and you gurantee to the buyer that if the title ever fails, you will be responsible for any losses due to that.

jameshogg · Posted: Sun May 31, 2009 7:36 pm Post subject:

Hi bradyk,

If you own the property free and clear, then you can use a warranty deed to transfer the property to your mother. However, if there is a mortgage on the property, then you'll have to use a quitclaim deed. Moreover, you'll also have to inform your lender about this transfer of property.

Thanks

Realgeni · Joined: 13 Apr 2009 Posts: 1434 99.76 Dollars($)

James thanks for more clarification on this matter.

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deeding property to my mother