Posted on: 06th May, 2007 06:14 am
my friend wanted to borrow money from a friend so he signed the deed to his house over to him, however, this wasnt done totally legal, the people involved did not use an actual notory puplic, every thing was forged on their part, my friend signed his name then let the deed go else where to be completed, now my question is are these people the new owners and can they evict my friend from his house? this was also done while a bailbond agen had a lien on the house.
Welcome Gramatroy.
In general, when you sign over the property deed to some other person, the latter gets the ownership rights on it. But I doubt whether your friend's deed is a valid one because it hasn't been signed by a notary public or any legal person as you have mentioned.
Moreover, the deed hasn't been recorded at the County Recorder's office and as such it isn't valid. Had the deed been a valid one, your friend could have been evicted from his house. But this is possible only if he has not paid off the money which he has borrowed keeping his home as the security.
In general, when you sign over the property deed to some other person, the latter gets the ownership rights on it. But I doubt whether your friend's deed is a valid one because it hasn't been signed by a notary public or any legal person as you have mentioned.
Moreover, the deed hasn't been recorded at the County Recorder's office and as such it isn't valid. Had the deed been a valid one, your friend could have been evicted from his house. But this is possible only if he has not paid off the money which he has borrowed keeping his home as the security.
"my friend wanted to borrow money from a friend so he signed the deed to his house over to him, however, this wasnt done totally legal, the people involved did not use an actual notory puplic, every thing was forged on their part, my friend signed his name then let the deed go else where to be completed, now my question is are these people the new owners and can they evict my friend from his house? this was also done while a bailbond agen had a lien on the house."
Deed is required to be notarized to be valid and as this deed was not notarized by an actual notary, I doubt if it has any legal value.
Better still ask your friend to check the county records at county recorder's office and if it wasn't legally done then he will find the property title still in his name.
Miller
Deed is required to be notarized to be valid and as this deed was not notarized by an actual notary, I doubt if it has any legal value.
Better still ask your friend to check the county records at county recorder's office and if it wasn't legally done then he will find the property title still in his name.
Miller