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Can you sell your quit claim deed?

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2011-09-12 14:13:56
2011-09-12 14:13:56

Yes, you can if you OWN any intest in it. If you have an interest in, let's say a piece of land. you may sell your quit claim deed to anyone for a penny on up. If trying to sell your's for money, you will probabably need to know the fair market value of it. Realtors* do this for free. If it has to hold up in court, you would hire the service of a licenced land appraiser IN YOUR AREA.

Otherwise you may sell your quit claim deed for what ever the buyer will pay. No one can govern the amount of profit you make. It is up to the buyer to do the homework. I can ask one million dollars for my left tennis shoe. It doesn't mean I'll get it. But, if I do sell it, it's fair unless I've made phony claims of it's worth. L.T.B.B. (Let the buyer beware)

A quit claim deed can be used to sell property.

However such a deed does not give the purchaser any guarntee that the title is not defective nor does it guarantee the quantity or quality of the property in question.

Likewise it does not take away the rights of the buyer to pursue any legal action nor give the seller immunity from such litigation.

Clarification

Deeds are not sold. A deed represents a person's interest in real estate. If a person desires to sell their interest in real estate they must execute a new deed that conveys whatever interest they may have in the real estate.They would not be selling their deed. They would be selling their interest in the real estate. It is up to the purchaser to have the title to the real estate examined by a professional to make certain the grantor in the deed owns the property.

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Related Questions


Ownership of real property is transferred by deed. If you already signed a quit claim deed, you already transferred your interest in the property. It no longer belongs to you.


Just sign the quit claim deed and have recorded downtown.



It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name.


Try www.udeed.com for deed preparation


A quit claim deed must be recorded in the land records office in the jurisdiction where the land is located.


Do you have to have an attorney for a quit claim deed if you are just changing your name



last I checked you can not void a quit claim, what are your reasons?


It is called a quit claim deed. Once you have filed the quit claim deed, you no longer have a legal right to whatever the deed refers to. The only way to get it back is to have the current person with possesory interest and ownership to sign a quit claim deed in your favor.


To 'Add' a name to a Quit Claim deed, all of the individuals on the current deed simply sign a new Quit Claim deed with the new name added to the list. NOTE: Asker provided additional details, see the Discussion page where I pasted them.


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.



Is there a special form for a quit claims deed for a time share, and how do you file


If the original holder had an action. The quit claim deed only gives the individual the same rights as the original person.


First of all, although it is often times called a "quick claim deed", it is actually called a "quit-claim deed". What one is doing who is transferring real property via a quit-claim deed is quitting or giving up whatever claim they have in the property. A quit-claim deed, therefore, can be a risky way of purchasing property when compared to using title insurance.From there, the process depends on state law. The Grantor is the person who is quitting their claim, the Grantee is the one who is receiving the claim.


Quick Claim Deed is usually misspelled and should be Quit Claim Deed. If you are granting the deed you are "quitting" any interest in the property. A quitclaim deed is a fast and effective way of transfering property.


The lien is valid. A quit claim deed merely transfers the seller's interest in the property; it doesn't guarantee that the deed is free of any encumbrances - for that, one needs a warranty deed.


If the owner didn't sign the quitclaim deed then the deed is invalid.


It is a 'quit claim' deed. It means the grantor gives any rights to the property to the new person.


A quit claim deed has to do with property. It is a term used to describe when one gives up all rights to a property that they own.


Take the properly executed quit claim deed to the county courthouse. Ask for the deed room. Take the original and a few copies along with the appropriate filing fee to the clerk.



In order to file a quick claim deed, a person must have a written form that is signed before a notary that outlines the assets and conditions of the deed. A quick claim deed must also have a grantor and a grantee.


A quit claim deed is a very simple form, you can probably get one online or at the courthouse or a title company. Anyone can file the deed, it is just a matter of taking it to the court house and paying the fees.



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