Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

quitclaim

Posted on: 26th Jan, 2012 02:24 pm
my mother just lost her husband and she wants to do a quickclaim deed in my name cause my other brothers want to sell the house and she wants the house to stay in the family and the house is in her name what can we do.....
Hi norma!

Welcome to forums!

If the property is free and clear, then your mother can sign a warranty deed and transfer the property to you. She can include a life estate clause in the deed which will help her stay in the property until death.

Feel free to ask if you've further queries.

Sussane
Posted on: 26th Jan, 2012 07:46 pm
A deed is an important legal document that transfers title to real estate. Errors made by non-professionals in drafting deeds can be expensive to correct if they can be corrected. An error might not be discovered until much later when the property is sold. In many cases of deed errors, the original grantor is deceased at that time and the corrections can be complicated and expensive. A deed cannot be undone by the grantor. Once it is executed the property has a new owner.

:idea:
Posted on: 27th Jan, 2012 12:59 am
Page loaded in 0.104 seconds.