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Old 07-01-2018, 08:47 AM
 
5,722 posts, read 3,301,022 times
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Quote:
Originally Posted by WorldKlas View Post
Both my DH and BIL, as lawyers, told me just to do the Quit Claim myself......its a one page standard document and simply transfers a deed from one name to another.
Your husband is a lawyer and he won't do it for you? ReallY
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Old 07-01-2018, 02:47 PM
 
7,277 posts, read 3,755,206 times
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Quote:
Originally Posted by Okey Dokie View Post
Wrong-o. A quit claim deed simply says you relinquish any ownership interest in a subject property. You’re not transferring anything.

It's primarily used in divorces where one party relinguishes their share of ownership in joint property.
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Old 07-01-2018, 07:43 PM
 
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Quote:
Originally Posted by WorldKlas View Post
This one is pretty much the same as what I used and is free: http://advisorfinancialservices.com/quitclaimdeed.pdf
Different states have different recording requirements. The Deed linked above would not be acceptable for recording in Michigan.

Quote:
Originally Posted by Okey Dokie View Post
Wrong-o. A quit claim deed simply says you relinquish any ownership interest in a subject property. You’re not transferring anything.
Quote:
Originally Posted by DitsyD View Post
Agree.

A Quit Claim Deed does NOT convey title to anything.
Both of these statements are incorrect. A Quit Claim Deed fully conveys and transfers any ownership interest held by the Grantor. There are no warranties involved as to ownership, so they are often used solely to clear title, but if the Grantor holds good title, such title is conveyed to the Grantee.
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Old 07-01-2018, 08:53 PM
 
Location: Dallas area, Texas
2,237 posts, read 2,771,998 times
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Quote:
Originally Posted by jackmichigan View Post




Both of these statements are incorrect. A Quit Claim Deed fully conveys and transfers any ownership interest held by the Grantor. There are no warranties involved as to ownership, so they are often used solely to clear title, but if the Grantor holds good title, such title is conveyed to the Grantee.
When i worked at title companies here in Texas, we would not accept a Quit Claim Deed without a court order to back it up.
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Old 07-01-2018, 09:06 PM
 
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Quote:
Originally Posted by DitsyD View Post
When i worked at title companies here in Texas, we would not accept a Quit Claim Deed without a court order to back it up.

What do you mean by "accept"? It's the county that records titles and one can file a quit claim directly with the county. Of course, your company can choose what to insure or not by any criteria it chooses.
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Old 07-01-2018, 09:36 PM
 
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Quote:
Originally Posted by DitsyD View Post
When i worked at title companies here in Texas, we would not accept a Quit Claim Deed without a court order to back it up.
When a title company issues a title insurance policy, of course they would generally want a Grantor to issue a Warranty Deed. A title company doesn't wish to leave itself out on a limb. That doesn't change the validity of a Quit Claim Deed.
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Old 07-02-2018, 09:44 AM
 
748 posts, read 557,522 times
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Quote:
Originally Posted by MrRational View Post
What does the buyer/receiver want?

I'm just trying to transfer some property from a family member to me...they'll do it for free, but we will do it for 1 dollar.
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Old 07-02-2018, 10:57 AM
 
Location: Dallas, TX and Las Vegas, NV
5,103 posts, read 3,811,140 times
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Quote:
Originally Posted by QuilterChick View Post
For that matter you can buy a Quitclaim deed at Staples. Fill it out yourself. Surprised your DH or BIL wouldn't just hand you a blank one, right off their printer.
BIL is personal injury; DH was a corporate (Labor issues; and is now deceased) but we discussed many times as I am a real estate investor since 1988.
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Old 07-02-2018, 10:59 AM
 
Location: Dallas, TX and Las Vegas, NV
5,103 posts, read 3,811,140 times
Reputation: 10113
Quote:
Originally Posted by DitsyD View Post
When i worked at title companies here in Texas, we would not accept a Quit Claim Deed without a court order to back it up.
I have filed almost a dozen Quit claim deeds in Texas since 1988; last one I did was in 2014. Never had a court order.
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Old 07-02-2018, 11:41 AM
 
748 posts, read 557,522 times
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I talked to a few attorneys and they said what I actually need in my situation is a GIFT DEED....what im finding weird is how come the prices varies so much from one title company to the other
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