Posted on: 17th Aug, 2009 12:13 pm
Grantor has mailed me a quitclaim deed for good consideration and for sum of $$ and OVC dollars.
Grantor remise, release and quitclaim unto me (Grantee)
all right, title, interest and claim on described parcel of land.
Grantor remise, release and quitclaim unto me (Grantee)
all right, title, interest and claim on described parcel of land.
Hi dg_scales,
If you are purchasing the property from the grantor, then you will have to pay the dollar amount mentioned on the property deed. However, if it's a gift from the grantor, then you are not required to pay the mentioned amount.
Thanks
If you are purchasing the property from the grantor, then you will have to pay the dollar amount mentioned on the property deed. However, if it's a gift from the grantor, then you are not required to pay the mentioned amount.
Thanks
as a general rule of thumb, payment (if any) in consideration of a transfer of property ought to be worked out between the grantor and grantee ahead of time.
dg, i don't comprehend why you would bring that question to this forum. did you not have any conversations about this with the grantor?
dg, i don't comprehend why you would bring that question to this forum. did you not have any conversations about this with the grantor?
