Posted on: 05th Apr, 2010 12:43 pm
I just sold an acre of my property to a friend, what type of deed do we need to do? We have the property survey and description.
Hi Elizabeth!
Welcome to forums!
If the property is free and clear, then you can use a warranty deed and formally transfer the property in the name of the buyer. If there is a mortgage on the property, then you can use a quit claim deed. You can contact an attorney and he will help you drafting the deed.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
If the property is free and clear, then you can use a warranty deed and formally transfer the property in the name of the buyer. If there is a mortgage on the property, then you can use a quit claim deed. You can contact an attorney and he will help you drafting the deed.
Feel free to ask if you've further queries.
Sussane