0
Can a Quit Claim Deed from bank or tax foreclosure be converted to a Warranty Deed?
Krushmoto
No. The grantor has the benefit of choosing what warranties they will provide at the time of the sale or the warranties are negotiated by the parties at that time. Once the grantor has executed and delivered the warranty deed to the grantee they cannot take it back to revoke the warranty covenants. The grantee on the deed is the new owner and the grantee cannot make changes to their deed. If there was an error made you need to consult with an attorney as to how it can be corrected.
No. The grantor has the benefit of choosing what warranties they will provide at the time of the sale or the warranties are negotiated by the parties at that time. Once the grantor has executed and delivered the warranty deed to the grantee they cannot take it back to revoke the warranty covenants. The grantee on the deed is the new owner and the grantee cannot make changes to their deed. If there was an error made you need to consult with an attorney as to how it can be corrected.
No. The grantor has the benefit of choosing what warranties they will provide at the time of the sale or the warranties are negotiated by the parties at that time. Once the grantor has executed and delivered the warranty deed to the grantee they cannot take it back to revoke the warranty covenants. The grantee on the deed is the new owner and the grantee cannot make changes to their deed. If there was an error made you need to consult with an attorney as to how it can be corrected.
No. The grantor has the benefit of choosing what warranties they will provide at the time of the sale or the warranties are negotiated by the parties at that time. Once the grantor has executed and delivered the warranty deed to the grantee they cannot take it back to revoke the warranty covenants. The grantee on the deed is the new owner and the grantee cannot make changes to their deed. If there was an error made you need to consult with an attorney as to how it can be corrected.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoNo. Once a deed has been executed it cannot be changed except by a court order.
No. Once a deed has been executed it cannot be changed except by a court order.
No. Once a deed has been executed it cannot be changed except by a court order.
No. Once a deed has been executed it cannot be changed except by a court order.
Wiki User
∙ 15y agoNo. Any deed includes only the warranties given by the grantor at the time they executed the deed. The quitclaim deed guaranteed only against any claims that may arise from the period of ownership of that grantor only. It conveyed whatever interest that grantor had. There is no process by which you can change what the grantor conveyed to you by their deed. The quitclaim deed was specifically chosen by the grantor to limit their liability. When you purchase property from a bank foreclosure or tax sale you must have the title examined by a professional. Generally, that type of purchase carries more risk for the buyer and is an an indication that there may be other problems with the title. A comprehensive title examination is the only way to protect your investment.
Wiki User
∙ 12y agoNo. The grantor has the benefit of choosing what warranties they will provide at the time of the sale or the warranties are negotiated by the parties at that time. Once the grantor has executed and delivered the warranty deed to the grantee they cannot take it back to revoke the warranty covenants. The grantee on the deed is the new owner and the grantee cannot make changes to their deed. If there was an error made you need to consult with an attorney as to how it can be corrected.
Wiki User
∙ 12y agoNo. Once a deed has been executed it cannot be changed except by a court order.
Add your answer:
Earn +20 pts
Can a warranty deed be reserve by quit claim deed after a death?
No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.
Can you do Deed in lieu after foreclosure?
deed in lieu after foreclosure?
Is a warranty deed the same as a conveyance deed?
Yes. A warranty deed is a deed of conveyance.Yes. A warranty deed is a deed of conveyance.Yes. A warranty deed is a deed of conveyance.Yes. A warranty deed is a deed of conveyance.
Does a Deed in lieu of foreclosure affect credit the same as a foreclosure?
Deed in lieu of foreclosure is not nearly as devastating to your credit as is a full foreclosure. Below is an article about the pros and cons of deed in lieu.
Is a warranty deed needed along with a quit claim deed when transferring property to a love one?
A warranty deed guarantees that a property owner has the clear title to a property and the right to sell it. Quit Claim assigns and interest to the property. Check with your state laws, but in many states the QC is enough.
Can you quick claim deed if house is in foreclosure?
You could file a quit claim deed. It will not remove your obligations under the mortgage and since the quit claim means they get the same rights you have, it doesn't to any good, except if there is any equity in the property after the sale, they will get it, not you.
How does a Deed in Lieu Foreclosure affect Socia security benefits?
Deed in Lieu is as bad as a foreclosure.
Can a quitclaim deed stop foreclosure?
No. The deed would only complicate the foreclosure process and cause an increase in legal costs. The mortgage takes priority over the deed since it was granted first. The grantee in the quitclaim deed would take the property subject to the mortgage. The foreclosure would still be filed against the mortgagor.
What is a warranty deed in Texas?
A Texas warranty deed is a warranty deed that is drafted based on the requirements of the Texas statutes. Texas also has a statutory warranty deed.
How do you write a letter requesting deed in lieu of foreclosure?
A letter requesting the deed in lieu of foreclosure is written to the bank. You should explain the foreclosure situation and request the deed afterward.
Is there implied warranty of title in all real property transfers?
Absolutely not. Only a warranty deed carries any warranty of title.Absolutely not. Only a warranty deed carries any warranty of title.Absolutely not. Only a warranty deed carries any warranty of title.Absolutely not. Only a warranty deed carries any warranty of title.
What is a corr warranty deed?
That may refer to a 'corrective warranty deed'.
