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If the deed is unrecorded then you will remain the record owner and any liens or other encumbrances recorded against you will affect the property. The property will remain vulnerable to your creditors and the property taxes will be assessed against you. The world doesn't know the property has a new legal owner until the deed is recorded. If you die before the deed is recorded the deed may be deemed invalid in some jurisdictions. See related question link.
If the deed is unrecorded then you will remain the record owner and any liens or other encumbrances recorded against you will affect the property. The property will remain vulnerable to your creditors and the property taxes will be assessed against you. The world doesn't know the property has a new legal owner until the deed is recorded. If you die before the deed is recorded the deed may be deemed invalid in some jurisdictions. See related question link.
If the deed is unrecorded then you will remain the record owner and any liens or other encumbrances recorded against you will affect the property. The property will remain vulnerable to your creditors and the property taxes will be assessed against you. The world doesn't know the property has a new legal owner until the deed is recorded. If you die before the deed is recorded the deed may be deemed invalid in some jurisdictions. See related question link.
If the deed is unrecorded then you will remain the record owner and any liens or other encumbrances recorded against you will affect the property. The property will remain vulnerable to your creditors and the property taxes will be assessed against you. The world doesn't know the property has a new legal owner until the deed is recorded. If you die before the deed is recorded the deed may be deemed invalid in some jurisdictions. See related question link.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoIf the deed is unrecorded then you will remain the record owner and any liens or other encumbrances recorded against you will affect the property. The property will remain vulnerable to your creditors and the property taxes will be assessed against you. The world doesn't know the property has a new legal owner until the deed is recorded. If you die before the deed is recorded the deed may be deemed invalid in some jurisdictions. See related question link.
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Your mother used a quitclaim deed to sell property and fathers deceased what about the kids?
My father is deceased my mother used quitclaim deed to sell property what about the kids do fathers interest pass to kids
How long is a Quitclaim deed good for?
The laws vary in different jurisdictions but generally, a deed doesn't expire. However, until it is recorded in the land records it is only of use against the grantor and not against the world. If you don't record the deed and later the owner or the owner's heirs sell the property to another buyer, either not knowing or forgetting about the first deed, the second grantee will be the record owner as long as they record their deed. The first grantee with the unrecorded deed would need to sue the grantor to get their money back.A recorded quitclaim deed establishes ownership until that owner executes a new deed that transfers the property to a new owner. Each owner will still have the original deed tucked away in their records although many will have become null since the property was later conveyed.See related question link.
Does a quitclaim deed modify a living trust?
A trust is an agreement. You cannot "modify" a trust by a deed. Trusts are modified by amendments to the trust. Property can be removed from a trust by a deed executed by the trustee if the trustee has been given the power to sell real estate.
Can cosigner sell the house?
Only the owner by deed can sell the property. If two people are on the deed both must sign the new deed in order to sell the property.Only the owner by deed can sell the property. If two people are on the deed both must sign the new deed in order to sell the property.Only the owner by deed can sell the property. If two people are on the deed both must sign the new deed in order to sell the property.Only the owner by deed can sell the property. If two people are on the deed both must sign the new deed in order to sell the property.
We oun a house together want to sell new wife wont sign his part of deed?
my ex and i own a house together want to sell but his wife of 3mons wont sign deed
If someone quitclaimed their property to their wife can they sell the property without her permission in Colorado?
In Colorado, the spouse who received the property through a quitclaim deed can generally sell the property without the other spouse's permission if they hold the title solely in their name. However, it's important to review the specific circumstances of the quitclaim deed and consult with a legal professional to fully understand the rights and obligations related to the property.
Can the cosigner sell the house if his name is not on the deed and the primary borrower has missed 3 payments?
No. If you are not on the deed, you can't sell the property. The only "right" you have as a cosigner is the obligation to make the payments.
How can you sell a house that you and your brother bought and he is a fugitive?
The only way to sell a house is for all the owners to sign a deed that transfers ownership to a new owner.
How can you sell your house after your wife died?
Typically spouses have a deed as tenants by the entirety. This means he inherits the house automatically when the wife dies. Filing a death certificate with the deed will clear the title.
Should you sell my house with a contract for deed?
It could be possible only when you execute a power of attorney in favour of me prior to the execution of contract for deed of sale.
You gave your home to your son and daughter you are life tenant Can you sell the house in the future?
You cannot sell the house because you conveyed the fee to your son and daughter. They can sell the house subject to your life estate. Or, you can all join in a deed and convey the house to a third party.
Should you use a grant deed or a quitclaim deed to transfer property into a living trust?
In certain jurisdictions, a grant deed should be used to transfer property, whether it be to a living trust or otherwise. If the property is in California, a Trust Transfer Deed is the preferable method.In many jurisdictions a quitclaim deed would be fine. It would convey all the interest owned by the grantor. You must check with a local real estate attorney to determine the correct practice in your jurisdiction. Deeds should always be drafted by a professional.
