Posted on: 17th Jan, 2012 11:30 am
how would i state that the grantor is giving a property back to me (mortgagor) in the column for in consideration of money owed on the quit claim deed?
Hi Elizabeth,
Your name will be mentioned in the quitclaim deed as the grantee. You and the grantor can mention a token value of $1 in the deed in the column for "in consideration of money owed".
Your name will be mentioned in the quitclaim deed as the grantee. You and the grantor can mention a token value of $1 in the deed in the column for "in consideration of money owed".
Hi Elizabeth,
Apart from what Adonis has said, you can even contact a real estate attorney and take his guidance in this regard. He will help you in filling out the form.
Thanks
Apart from what Adonis has said, you can even contact a real estate attorney and take his guidance in this regard. He will help you in filling out the form.
Thanks