Posted on: 16th Apr, 2010 03:58 pm
I'm looking to aquire an interist in a piece of property. The deed is in the name of person "A". "B" and "C" want to sell their shares. On the deed it shows person "A" @3. Can "B" & "C" sell their shares without consent of person "A". How would you go about doing this?
Welcome motophile,
The two owners of the property will be able to transfer their share of property to you by using a quit claim deed. Thus, you would become the part owner of the property. However, as far as I can understand, the sellers will have to inform person "A" about the transfer of the property.
The two owners of the property will be able to transfer their share of property to you by using a quit claim deed. Thus, you would become the part owner of the property. However, as far as I can understand, the sellers will have to inform person "A" about the transfer of the property.
Thanks For responding! I really appreciate it!!
What legal document would show the percentage of each owner? Before moving forward I would like to confirm this.
Thanks!!!
Mike
What legal document would show the percentage of each owner? Before moving forward I would like to confirm this.
Thanks!!!
Mike
It we me above! Just forgot to log in.