Can quick claim transfer personal property?

Hi J.T,

You can surely use a quit claim deed to transfer your home to your daughter.

I do not see any reason why you can not do so.

As per my knowledge it is one of the simplest methods for such a transfer.

Fisher

Hi,

You can go through the quit claim page referred by Jessica and Caron in their posts above.

It will help you understand the procedure by which you can quit claim your home to your daughter and also the requirements for such a transfer.

Colin

I'm a home owner whose having a lot of financial problems since a bad car accident and hurricne damage 2 years ago. A family member is wanting to assist with us transferring ownership of our property to them. I would remain in this home paying the mortgage once it is refinanced by the family member. How quick can this be done? the refinancing? the whole transaction?

Hi Angie,

It feels good to hear that your family member is trying to help you when you need it the most. Regarding the refinance, the time taken will depend on how fast the family member is approved for a loan from a suitable lender.

The time will depend on how quickly the ownership of the property is transferred from you to your family member. This will also depend on the legal process carried out by the attorney for transfer of ownership in the property.

Thanks,

Caron.

I am part owner of a timeshare and I want to quitdeed it to the other person, will this clear me from all future payments for this timeshare if the person does not make any payments or is it better to do a waranty deed

hi,

instead of quit claim deed you should use a warranty deed.

I would add that you should notify the resort about your desire to transfer your interest to your part owner.

Thanks
Conyers

Hi,

Please go through this article on warranty deeds to know more about their importance and effectiveness in transferring title in another person’s name.

Thanks
James

Hi Dlittle,

If there is a mortgage or any other debt against the timeshare, then you will not get rid of payments by signing a deed. And, you can only transfer the timeshare when the other person is willing to clear your part of debt.

But if there is no debt against the timeshare, then you can choose to use a warranty deed as it helps to transfer title free of defects. And, you will not be responsible for any future payment (for example property tax) on the timeshare as you are no longer the owner.

Thanks,

Caron.

I bought a house for my son under my name...He wants me to sign a quick claim deed form giving it to him,but I have the mortgage on the house.What can I so?

Hi Vivian,

If you are willing to pay for the mortgage, you can continue with the payments even after quitclaiming the property to your son. Just inform the lender before you sign the quitclaim deed. However, if you want to get your name off the mortgage and transfer it to your son, then go for a Novation.

To know more Quit Claim and mortgage are related, click here for a previous discussion on this subject.

Thanks,

Sara.

can one quick deed a dead relative property, who did not have a second person name and was not marry

It is possible provided the deceased person has made a Will through which the person willing to quit claim can get ownership rights on property.

Hi Guest,

"can one quick deed a dead relative property, who did not have a second person name and was not marry"
Quit claiming a deceased person's property is possible for an individual only when he has the legal authority to do so.

Some of our community members and guests have discussed on this issue in reply to your query at http://www.mortgagefit.com/know-how/quitclaimdeceasedproperty.html .

Hope the discussions will help you gain knowledge on this issue.

Thanks,

Caron.

My ex husband & I divorced in 2002. In the settlement I was awarded the family home & filed a quitdeed on it in the local register's office. I remarried a few months after the divorce and lived out of the U.S. for a few months. My ex is trying to argue that since I remarried that he is the actual owner of the home. Can you please answer this for me?