Posted on: 06th Sep, 2006 02:08 pm
my 6 siblings and myself have inherited our family\'s house. all 7 of us are on the deed. my oldest sib is retired and said she might file a quit claim deed since she wants her share of money from a house that the remainder of us do not intend to sell. what recourse do we have if she does file? is this quit claim deed a prudent way for her to get money out of the house/property?
thanks in advance. -deb.
thanks in advance. -deb.
I refinanced my home in 2005, my husband signed a quit claim. He recently left, and I need to know if this was filed, who has it and if he has any rights to the home?
Thanks for any help,
J
Thanks for any help,
J
Check out with the records in the office of the County Recorder or the Register of Deeds. If your husband had filed it, it should be available from the public records.
For your relief, let me assure you. If your husband has quit claimed the property over to you, and if it is filed, the deed is valid. Hence he will not have rights on the property. Don't worry, the property is yours!
For your relief, let me assure you. If your husband has quit claimed the property over to you, and if it is filed, the deed is valid. Hence he will not have rights on the property. Don't worry, the property is yours!
I live in the house with my husband. My name is not on the property nor deed. However, he does have chilren. Does that affect me at all if he dies?
Hi Reese!
Welcome to the Forums!
If you do not have interest in the property, then it wont affect you. But if the children want they may ask you to leave the house after your husband's death.
Feel free to ask if you have further queries.
Sussane
Welcome to the Forums!
If you do not have interest in the property, then it wont affect you. But if the children want they may ask you to leave the house after your husband's death.
Feel free to ask if you have further queries.
Sussane
What would happen if an owner of property quit claim the property to two different person and if one does not file who own the property?
Hi jking!
Welcome to Forums!
If while quitclaiming the property, the person has divided the property among them, then the person who has recorded the deed will have his share of property. The person who has not recorded the deed may face problem. His/her deed may be valid if all the legal requirements were fulfilled when the grantor gave it to the grantee.
Feel free to ask if you have further queries.
Sussane
Welcome to Forums!
If while quitclaiming the property, the person has divided the property among them, then the person who has recorded the deed will have his share of property. The person who has not recorded the deed may face problem. His/her deed may be valid if all the legal requirements were fulfilled when the grantor gave it to the grantee.
Feel free to ask if you have further queries.
Sussane
Recently I put my house in my fathers name to help with lowering the intrest rate. but in doing so I lost my homestead exemption. What can I do so that I can get back the homestead exemption with out havving to take him off the loan or remogaging. Please help so that I can keep my family in the house we grew up in. thank you
Your father will have to apply for the homestead exemption as he is the owner of the property. However as only the principal residence of the home owner qualifies for a homestead exemption, he will have to prove that this property is his principal residence.
can my father quit claim the proprety back to me even though he holds the morgage?
Hi tsarsa,
Your father can quitclaim the property to you. But with the change of ownership, the lender may ask you to refinance the property in your name.
Thanks,
Jerry
Your father can quitclaim the property to you. But with the change of ownership, the lender may ask you to refinance the property in your name.
Thanks,
Jerry
My elderly mother has a house paid for. Can she quitclaim me as a co-owner of the house and what would be the tax consequences at her death.
yes. she can make you coowner by signing a quit claim deed
after her death, you will be only coowner of property so all property related taxes will be charged to you
after her death, you will be only coowner of property so all property related taxes will be charged to you
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