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In Colorado what happens to your home if you die and your spouse is an owner by a Quitclaim Deed but is not named on the General Warranty Deed?
Wiki User
∙ 2014-05-06 11:50:18
Assuming that one party acquired the land by virtue of a warranty deed and then conveyed it to himself or herself and spouse by a quitclaim deed, that would be effective as long as the deed was drafted properly. You need to check the tenancy created in the most recent deed. If it is a joint tenancy and one owner dies the Survivor owns the property automatically.
Deeds should always be drafted by a professional. Errors made by non-professionals can be costly to correct if they can be corrected.
Wiki User
∙ 2014-05-06 11:50:18
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What happens if a person has a quitclaim deed and the original owners did not give up ownership of the property?
A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.
Can joints be broken?
Yes a joint tenancy can be broken. You prepare and execute before a notary public a quitclaim deed to yourself. You record the quitclaim deed with the County Recorder in your county. You do not have to inform the other party or have a discussion before this happens.
Can joint tenancy be broken?
Yes a joint tenancy can be broken. You prepare and execute before a notary public a quitclaim deed to yourself. You record the quitclaim deed with the County Recorder in your county. You do not have to inform the other party or have a discussion before this happens.
What services are offered at Warranty Direct?
They can provide car, van, motorbike and home warranties. If your possesions are under warranty and something happens to damage your property or it is stolen then as it is under warranty then it can be replaced. Your warranty premiums will go up though.
Does colorado get tornadoes?
Yes it happens in denver area.
What happens to your warranty when a company goes bankrupt?
If the Bankrupt company is just the retailer then the warranty is still covered by the manufacturer. If the manufacturer goes bankrupt then the retailer covers the warranty. The seller is responsible for a warranty. Clearly if the seller is the manufacturer and they go bankrupt then it's most unlikely that the warranty will remain in force.
Did someone die in Colorado?
It happens almost every day.
What happens if you give alcohol to a minor in Colorado?
You go to jail.
Does Denver Colorado get tornadoes?
Yes it happens in denver area.
What is warranty?
A warranty protects the customer from having a defective product. Some warranties cover damage that happens by the owner as well usually those cost extra.
What happens if you break your ipod touch?
You just broke it. There isn't much that happens, but if you aren't under the warranty, you won't get a repair for free.
Who is likely to purchase a car warranty?
New cars are sold with a warranty, so any buyer can take advantage of it in case something happens that is covered under the warranty within a given time frame. Some also purchase an extended warranty to lengthen the period of coverage.
