Posted on: 14th Apr, 2009 04:02 pm
if i buy property from somebody and they sign it over to me under "quit claim deed" what rights do i have am i now the owner of the property? does the person before me or them the warranty deed have the rights to this property more then me can i sell this property with a quit claim deed?
im new with real estate im not sure how good of a title this is
im new with real estate im not sure how good of a title this is
Hi Mr Wright!
Welcome to forums!
As the property is transferred to you with the help of a quitclaim deed, you are now the owner of the property. Yes, you can sell off the property with the help of a quitclaim deed. However, warranty deed or grant deed is considered a better option to transfer property compared to quitclaim deed.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
As the property is transferred to you with the help of a quitclaim deed, you are now the owner of the property. Yes, you can sell off the property with the help of a quitclaim deed. However, warranty deed or grant deed is considered a better option to transfer property compared to quitclaim deed.
Feel free to ask if you have further queries.
Sussane