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Can a Quit Claim Deed be used to give half ownership of my home to my best friend?

Can a [url=http://www.mortgagefit.com/quitclaim-deed.html]Quit Claim Deed[/url] be used to give half ownership of my home to my best friend?...My best friend want to be a 50/50 owner in my property and buy into my property. Basically he will pay to me the same amount (downpayment) to share equal rights to the home.

jameshogg's picture
jameshogg | Joined: December 20, 2005 02:58 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi cking,

A quitclaim deed can be used to give 50% ownership of the property to your friend. You'll have to sign a quitclaim deed and add your friend. Once the deed is filled out, you need to notarize and record the deed.

Thanks

Like | Dislike | Share | Posted: Fri, 02/05/2016 - 01:39 | Post subject:

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