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quick claim deed

Posted on: 06th Dec, 2007 06:13 am
can you do a quick claim deed at closing with someone
it's called a quit claim deed (to save you embarassment when you refer to it again), and yes you may permitted that all parties agree to it, and if a mortgage financing is involved the lender must be ok with it as well.
Posted on: 06th Dec, 2007 10:29 am
Hi nubianbabi,

Welcome to this forum.

You can use a quitclaim deed but if the property is a mortgaged property, you have to take consent from the lender before signing the quitclaim deed.

Thanks,
Larry
Posted on: 06th Dec, 2007 10:34 am
Hello Nubianbabi,

You may transfer ownership interest using a quit claim at the time of closing, but in some states these two events should happen separately.
Posted on: 07th Dec, 2007 02:50 am
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