Posted on: 11th Jul, 2008 09:31 pm
how long after buying a property can you sign a quitclaim deed
welcome guest.
you can quitclaim your property anytime to anyone but if it is a mortgaged property then you should have an approval from the mortgage company before you quitclaim. otherwise it will be considered as due and loan will be immediately payable. so you should ask the grantee to refinance the mortgage on his/her name.
let me know if you have any further queries.
you can quitclaim your property anytime to anyone but if it is a mortgaged property then you should have an approval from the mortgage company before you quitclaim. otherwise it will be considered as due and loan will be immediately payable. so you should ask the grantee to refinance the mortgage on his/her name.
let me know if you have any further queries.