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Grantor verses the grantee in quit claim deed?
The grantor is the person who transfers their interest in the property by deed. The grantee is the person who receives that interest: the new owner.
Does a quit claim deed remove the person for life?
Yes. If a person signs a quitclaim deed they transfer their interest in the property to the grantee and no longer own the property.Yes. If a person signs a quitclaim deed they transfer their interest in the property to the grantee and no longer own the property.Yes. If a person signs a quitclaim deed they transfer their interest in the property to the grantee and no longer own the property.Yes. If a person signs a quitclaim deed they transfer their interest in the property to the grantee and no longer own the property.
How can you release your interest in an enhanced life estate?
If you conveyed your property and retained an enhanced life estate you could release your interest in the property by executing another deed to the grantee that releases all your right, title and interest in the property, including the life estate you reserved in your prior deed. That deed should be drafted by an attorney who specializes in real estate in your jurisdiction and recorded in the land records. Any deed that conveys an interest in real property should be drafted by a professional.
Who owns the title of the property?
Ownership of real estate is evidenced and accomplished by a deed. The person who transfers the property is called the grantor and the person who receives it is the grantee. In any deed, the grantee is the new owner. The owner of real estate is said to hold title to it.
What does being on a deed mean?
"Being on the deed" means that you are the grantor or grantee in the deed. The grantor is the seller or the owner making a transfer of the property and the grantee is the purchaser or the one who is acquiring an interest in the property.
If a grantee accepts a quitclaim deed are they inherently implying that the grantor has a legitimate claim to the land in the deed?
The grantee is only accepting what interest the grantor may own. A quitclaim deed conveys any interest the grantor has or may have. It does not guarantee that the grantor passes good title. By acceptance of the deed the grantee accepts those conditions. If the grantee wants to determine the status of the title conveyed by the deed she/he must have the title to the property examined by a professional.
Can a wife whose name is on the deed and the mortgage do a deed in lieu without the husband?
No. If the husband is a grantee on their deed then he must sign the deed in lieu of foreclosure. If only the wife signed then the lender would acquire only the wife's interest in the property.No. If the husband is a grantee on their deed then he must sign the deed in lieu of foreclosure. If only the wife signed then the lender would acquire only the wife's interest in the property.No. If the husband is a grantee on their deed then he must sign the deed in lieu of foreclosure. If only the wife signed then the lender would acquire only the wife's interest in the property.No. If the husband is a grantee on their deed then he must sign the deed in lieu of foreclosure. If only the wife signed then the lender would acquire only the wife's interest in the property.
Can a married grantee be listed as single on quit claim deed?
It would not be correct to do so. The spouse of the grantee normally has rights to the property regardless of whether they are named or not.
Type of deed that contains an after acquired clause is?
A type of deed that contains an after-acquired clause is a "warranty deed." This clause ensures that if the grantor acquires any additional interest in the property after the deed has been executed, that interest will automatically transfer to the grantee. This provides added assurance to the grantee regarding the completeness of their title.
Can a grantor of a quit claim deed still enter the home in question?
Unless the grantor is also a grantee in the deed, or reserved a life estate, they have no right, title or interest in the property. Therefore, they have no right to enter the home. The property has a new owner.
What does the phrase 'as her property and estate' signify in a warranty gift deed?
That language directs that the grantor wants the grantee to hold title in her own right without any interference from any other person and that no other person shall acquire an interest by virtue of the conveyance to the grantee.
Can you remove your spouse's name from the property if separated?
No. You cannot remove a spouse's name from a mortgage or a deed. If you want their interest in the property they must execute a deed voluntarily, transferring their interest to you. You may need to buy them out.No. You cannot remove a spouse's name from a mortgage or a deed. If you want their interest in the property they must execute a deed voluntarily, transferring their interest to you. You may need to buy them out.No. You cannot remove a spouse's name from a mortgage or a deed. If you want their interest in the property they must execute a deed voluntarily, transferring their interest to you. You may need to buy them out.No. You cannot remove a spouse's name from a mortgage or a deed. If you want their interest in the property they must execute a deed voluntarily, transferring their interest to you. You may need to buy them out.
