Posted on: 05th Oct, 2009 05:21 pm
i was mislead into signing a quit claim deed and now the grantee is telling me i sold him my home for $10 dollars. the quit claim deed was done so that he would be able to lease out my property without my consent only. now my name has been removed from the deed and title of my home. house was leased to his girlfriend and if she decides not to pay i would be in default and it would go against my credit. what can i do?
Hi nay,
In this case, you've hardly anything to do. It is true that if the girlfriend defaults the loan payments, then the lender would sue you for the debts. It is your credit that would be badly affected. If you feel that the grantee has used fraudulent means to take over the property from you, then you can contact an attorney and check out what steps you need to take in order to reverse the deed.
Thanks
In this case, you've hardly anything to do. It is true that if the girlfriend defaults the loan payments, then the lender would sue you for the debts. It is your credit that would be badly affected. If you feel that the grantee has used fraudulent means to take over the property from you, then you can contact an attorney and check out what steps you need to take in order to reverse the deed.
Thanks