Posted on: 03rd Jun, 2010 05:34 pm
my three sisters and i inherited property in nc a couple of years ago. i want to transfer my interest in the property to another individual who was not an heir. in nc, a deed of distribution is not required so i'm not sure how i would use a warranty deed or even a quit claim deed to transfer this interest.
has anyone ever heard of something like this? if so, what's the best way to proceed?
has anyone ever heard of something like this? if so, what's the best way to proceed?
Hi rcarrington!
Welcome to forums!
Is there a mortgage on the property? If yes, then you can use a quit claim deed in order to transfer your share of the property to someone else. If there's no mortgage on the property, then a warranty deed can be used to transfer your share of the property to someone else.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Is there a mortgage on the property? If yes, then you can use a quit claim deed in order to transfer your share of the property to someone else. If there's no mortgage on the property, then a warranty deed can be used to transfer your share of the property to someone else.
Feel free to ask if you've further queries.
Sussane