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quitclaim

Posted on: 12th Nov, 2008 11:53 am
Hi, Do I have to sign and what happens if I don't sign the quitclaim deed? Last year my wife & I purchased a parcel of land. I went to escrow, paid the asking price and the title company sent the grant deed in our name. However, now We're getting sued. Person that sold us the land is not owner. $80k is insured with title co., same title company is paying an attorney to represent us. We don't feel attorney is working in our best interest. After 9 months on the case we still have to sign the quitclaim deed. No punitive, exemplary damages will be received. We don't know what this attornet is doing for us. I have to do my own leg work to have the title company pay back my $80k through the insurance policy. I don't feel right we should have to sign quitclaim if we have'nt even received at least what I paid.
Hi Jess!

I think the person who transferred the property to you have mis-led you and thus it has been a fraud transfer. If you feel that the attorney is not working in your favor, I think you should consult another attorney and take his/her suggestions. I feel that you should ask your attorney to negotiate with the lender so that you can get your money back. As you have the insurance policy, I think you should get back the money.

Thanks.
Posted on: 12th Nov, 2008 11:38 pm
You have the final decision, not the attorney. If you do not feel you are getting what you expect, don't sign the deed or accept any settlement.
Posted on: 13th Nov, 2008 06:44 am
once again, jheard is the voice of reason; we often don't thank our posters for their good sense.

thank you, jheard.
Posted on: 13th Nov, 2008 07:59 am
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