Posted on: 04th May, 2010 02:06 pm
Is it possible to enter in a quitclaim deed a clause stipulating that in the event of the sale of the property, the grantor is eligible to some of the proceeds of the sale?
Hi sstucs,
You will have to sign an agreement with the grantee that in case of the property sale, the grantor will receive certain amount from the sale proceeds. You can contact an attorney and he will help you in drafting such an agreement.
Thanks
You will have to sign an agreement with the grantee that in case of the property sale, the grantor will receive certain amount from the sale proceeds. You can contact an attorney and he will help you in drafting such an agreement.
Thanks