Posted on: 02nd Feb, 2009 02:08 pm
our property is owned by a partnership, which has changed its name. i was advised to file a quit claim deed to change the name on the deed. is this the advisable way to handle this?
Hi,
Whoever gave you the advice to file a quitclaim, did the right thing. However, the verbiage on the deed would be a bit different. Suppose you have a partnership named A which you later change to B. Now when you draft a deed the verbiage would be something like this: “quitclaim from A as grantor to B as a grantee…â€
However, it is always advised that you consult an attorney in this regard before you quitclaim.
Any further query is always welcomed.
Be cheerful & keep smiling.
Whoever gave you the advice to file a quitclaim, did the right thing. However, the verbiage on the deed would be a bit different. Suppose you have a partnership named A which you later change to B. Now when you draft a deed the verbiage would be something like this: “quitclaim from A as grantor to B as a grantee…â€
However, it is always advised that you consult an attorney in this regard before you quitclaim.
Any further query is always welcomed.
Be cheerful & keep smiling.