Posted on: 02nd Apr, 2009 11:17 am
is a quit claim deed an appropriate vehicle to prevent a mentally impaired senior from being scammed by a mortgage refinance salesman?
maybe...but i would hope that this senior has a lawyer who can advocate for him or her, and that you'd be talking about power of attorney before you ever began discussing transferring the title to the home. even power of attorney is quite iffy, as said senior would need to be in control of faculties that would make granting that power sensible.
by all means, check with a lawyer who specializes in senior issues to discuss this.
by all means, check with a lawyer who specializes in senior issues to discuss this.