Posted on: 18th Feb, 2009 03:55 pm
My parents want to deed some property to me with a QuitClaim. Will my sister be able to give me problems later? Can she sue me for part of the properety that my parents deed me. Does this over rule a will? Thank you, Gary
Hi Gary,
If your parents transfer a part of the property to you through a quitclaim deed, I don't think your sister can sue you for that part of the property later. After the property has been quitclaimed and the deed has been notarized and recorded legally, you become the legitimate owner of that part of the property.
Yes, a quit claim deed does override a will. A quitclaim deed comes into effect as soon as it is signed, notarized and recorded. Thus the grantee becomes the owner of the property after a quitclaim deed executed. On the contrary, a will comes into effect only after the death of its creator.
If your parents transfer a part of the property to you through a quitclaim deed, I don't think your sister can sue you for that part of the property later. After the property has been quitclaimed and the deed has been notarized and recorded legally, you become the legitimate owner of that part of the property.
Yes, a quit claim deed does override a will. A quitclaim deed comes into effect as soon as it is signed, notarized and recorded. Thus the grantee becomes the owner of the property after a quitclaim deed executed. On the contrary, a will comes into effect only after the death of its creator.