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Company Loan Type APR Est. Pmt.

QUICK CLAIM DEED

Posted on: 09th Apr, 2008 02:59 pm
HOW LONG IS A QUICK CLAIM DEED GOOD FOR? CAN YOU CANCEL THIS/NEGATE THIS?
Posted on: 09th Apr, 2008 09:11 pm
Hi dwebb,

Welcome to the forum.

If you are transferring the property within the family member then quitclaim deed is a good option for you. Even if the property is mortgage then you will have to use a quitclaim deed to transfer the deed. But if you are selling a property then the buyer may want to use a warranty deed.

To cancel the quitclaim deed you will have to prove that the deed is invalid or you have been threaten or pressurized to sign the quitclaim deed.

Feel free to ask if you have any further questions.

Best of luck,
Larry
Posted on: 09th Apr, 2008 11:37 pm
I married 2 years ago and my husband has a house that was granted his through a divorse, but his ex is still on the deed. Are we able to use the quitclaim deed to remove her from the deed?
Posted on: 17th Jun, 2008 08:16 am
Hi beth,

I think a quitclaim deed would be helpful in removing the ex-spouse from the title. But do you have any lien on the title? if not, then a grant deed may also be used if your state approves such a deed for transfer of property.

Regards,

Jessica.
Posted on: 18th Jun, 2008 05:25 am
I agree with Jessica. You may want to use a grant deed or even a warranty deed they usually work better.
Posted on: 18th Jun, 2008 08:17 pm
My wife and I have being making payments on the family home for the last five years it now looks as though my wifes mother wants to gift us the property. Their are no liens on the property my wifes mother has owned the property free and clear for many years. What is the best way for her to gift it to us?
Posted on: 04th Dec, 2008 08:20 am
hi brett,

she can use a quitclaim deed to transfer the property in your name. but i guess, the mortgage of the property is in the name of your wife's mother. once the ownership is changed in your name, the lender can ask you to refinance the property in order to transfer the mortgage in your name.

thanks
Posted on: 04th Dec, 2008 11:26 pm
what is a quick claim deed? not a quit claim deed.
Posted on: 28th Jan, 2009 06:16 am
Hi Buddy,

As far as I know, there is nothing called a "Quick Claim deed". Many people mis-spell quit claim deed as quick claim deed. To know more about quitclaim deed, check out the following link:
http://www.mortgagefit.com/quitclaim-deed.html

Thanks
Posted on: 28th Jan, 2009 09:47 pm
If I decide to completely walk away from the house and contents, can I use a quitclaim deed even if my current spouse disagrees or contests?
Posted on: 29th Jun, 2009 06:34 pm
Hi Betty,

Do you want to use the quitclaim deed to transfer the property to your spouse? The spouse has to agree to it. I don't think you can force him/her to accept the property. Moreover, if he contests the divorce, then the court will decide who would receive the property. At that time, you may inform the court that you do not need the property.

Thanks
Posted on: 29th Jun, 2009 10:07 pm
I sign a quick claim deed 5 years ago in a divorce.The house is still in my name. How long is quick claim deed good for.What should I do.She was to refinance after the fisrt year.
Posted on: 22nd Aug, 2009 06:05 pm
Hi emma,

If you have signed the quitclaim deed, then the property is not in your name. I guess it's the mortgage which is still in your name. You can ask your ex-wife to refinance the loan in her name or else, you would remain responsible for the mortgage even though you are not the owner of the property.

Thanks
Posted on: 23rd Aug, 2009 10:35 pm
I sign quick claim deed 5years ago can she sell the house with my name on the loan stiil.Does she have to take my name off the loan before she can sell.
Posted on: 24th Aug, 2009 09:59 am
Hi emma!

Welcome to forums!

You've mentioned that you quitclaimed the property 5 years ago. Didn't the other person refinance the loan in her name? The other person can sell off the property with the mortgage in your name, but you should make sure that the buyer refinances the mortgage in his/her name.

Feel free to ask if you've further queries.

Sussane
Posted on: 24th Aug, 2009 11:28 pm
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