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Can I file a quick claim on a deed in trust?
You can transfer your real property to the trustee of a trust using a quitclaim deed.
Can someone quit claim a property they already had quit claim deeded to their wife?
Generally, no. When a person executes a quitclaim deed to another person, the first person no longer owns the property. The new owner is the grantee on the quitclaim deed. The former owner has no interest to transfer to someone else.In this case, the wife would be the new owner of the property.
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.
What does Deeded Lot mean?
A deeded lot is given to another person and is now owned by that person
Can you quit claim deed a property from an irrevocable trust?
Yes, as long as the trust was properly drafted. Every trust is unique since the trust is created by the trust document. A properly drafted trust document has a provision whereby the trustee has the authority to transfer and convey property. The trustee's deed can be a quitclaim deed. You must review the trust document to determine how property can be sold by the trust.Yes, as long as the trust was properly drafted. Every trust is unique since the trust is created by the trust document. A properly drafted trust document has a provision whereby the trustee has the authority to transfer and convey property. The trustee's deed can be a quitclaim deed. You must review the trust document to determine how property can be sold by the trust.Yes, as long as the trust was properly drafted. Every trust is unique since the trust is created by the trust document. A properly drafted trust document has a provision whereby the trustee has the authority to transfer and convey property. The trustee's deed can be a quitclaim deed. You must review the trust document to determine how property can be sold by the trust.Yes, as long as the trust was properly drafted. Every trust is unique since the trust is created by the trust document. A properly drafted trust document has a provision whereby the trustee has the authority to transfer and convey property. The trustee's deed can be a quitclaim deed. You must review the trust document to determine how property can be sold by the trust.
If a parent dies intestate but deeded property to only one sibling can the others make a claim on the property?
If they deeded the property to anyone during their lifetime it belongs to that person & won't be included in the probate, unless the property was part of a family trust, or some other arrangement.
Do you include the Trustees name on the Grantee secton of a Quitclaim Deed transferring mineral interest to a Trust?
Yes. The trustee holds the legal interest to property for the trust. The grantee should be recited as "John Deere, as Trustee of the Deerfield Realty Trust".
What is deeded land?
Deeded land is land transferred by means of a deed.
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.
Who is deeded owner?
That would mean a property owner who acquired their interest in the property by virtue of a deed.
Can a living trust override a Quitclaim deed in Oklahoma?
It's certainly a possibility. Quitclaim deeds are the most risky way to transfer property. They do not guarantee that the person transferring the property has clear title or the legal right to take the action making such a transfer open to legal challenge.
We were quitclaim deeded an adjoining lot 1 year later a person bought the adjoining property on the other side of the lot and is now claiming adverse possession of the same lot can she do this?
Absolutely, and she will win, provided she has the proper proof. Your "quitclaim" deed only gave you as much "ownership" as was enjoyed by the previous owner. Anyone could, in theory, give a "quitclaim" to a property they don't actually "own". A "warranty deed" would have given you recourse directly against the seller for failure to convey what was deeded. If the adverse possession had matured properly over the requisite period, and the claimant can prove in a court "action to quiet title", then your deed may be completely worthless. The people who sold it to you no longer owned it and thus had no power to "sell" it to anyone. Please come back and ask more questions, once the details become clear!
