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Quit Claim Deed #2811647
05/20/19 07:50 PM
05/20/19 07:50 PM
Joined: Dec 2016
Posts: 357
M
MallardMan84 Offline OP
4 point
MallardMan84  Offline OP
4 point
M
Joined: Dec 2016
Posts: 357
I own property with a family member. I want to sell him my interest. Can I just quit claim deed to my portion to him?

Re: Quit Claim Deed [Re: MallardMan84] #2811660
05/20/19 07:58 PM
05/20/19 07:58 PM
Joined: Nov 2010
Posts: 11,651
Longwood, FL
J
jlbuc10 Online content
Booner
jlbuc10  Online Content
Booner
J
Joined: Nov 2010
Posts: 11,651
Longwood, FL
Don’t know about that, but I know you can gift the equity in the home

Re: Quit Claim Deed [Re: MallardMan84] #2811667
05/20/19 08:05 PM
05/20/19 08:05 PM
Joined: Dec 2014
Posts: 1,512
Eclectic
DoeNut Offline
8 point
DoeNut  Offline
8 point
Joined: Dec 2014
Posts: 1,512
Eclectic
If you are not on a mortgage with him then I believe you can. It relinquishes your right to the property but does not absolve you of any financial obligation if you are on a mortgage. Obviously check with someone a pro but that is my understanding.

Re: Quit Claim Deed [Re: MallardMan84] #2811671
05/20/19 08:19 PM
05/20/19 08:19 PM
Joined: Jan 2005
Posts: 33,437
Your mom’s house
doekiller Offline
Freak of Nature
doekiller  Offline
Freak of Nature
Joined: Jan 2005
Posts: 33,437
Your mom’s house
Yes

Re: Quit Claim Deed [Re: MallardMan84] #2811684
05/20/19 08:29 PM
05/20/19 08:29 PM
Joined: Feb 2014
Posts: 5,085
Your Lock-on
W
Whild_Bill Offline
Crawfishing Asshat
Whild_Bill  Offline
Crawfishing Asshat
W
Joined: Feb 2014
Posts: 5,085
Your Lock-on
Yes but you must file it with the Probait Judge for it to be legally binded.


We Just Know What Works For Us
Re: Quit Claim Deed [Re: MallardMan84] #2811686
05/20/19 08:33 PM
05/20/19 08:33 PM
Joined: Jul 2011
Posts: 34,511
Boxes Cove
2Dogs Offline
Freak of Nature
2Dogs  Offline
Freak of Nature
Joined: Jul 2011
Posts: 34,511
Boxes Cove
Straighten him out counselor.



"Why do you ask"?

Always vote the slowest path to socialism.







Re: Quit Claim Deed [Re: MallardMan84] #2811688
05/20/19 08:34 PM
05/20/19 08:34 PM
Joined: Jan 2005
Posts: 33,437
Your mom’s house
doekiller Offline
Freak of Nature
doekiller  Offline
Freak of Nature
Joined: Jan 2005
Posts: 33,437
Your mom’s house
Deeds do not have to be filed in Alabama. It should be filed, but there is no legal requirement to file it.

Re: Quit Claim Deed [Re: MallardMan84] #2811690
05/20/19 08:35 PM
05/20/19 08:35 PM
Joined: Sep 2006
Posts: 3,852
West Alabama
Ant67 Online content
10 point
Ant67  Online Content
10 point
Joined: Sep 2006
Posts: 3,852
West Alabama
Absolutely.

Re: Quit Claim Deed [Re: MallardMan84] #2811711
05/20/19 08:48 PM
05/20/19 08:48 PM
Joined: Dec 2016
Posts: 357
M
MallardMan84 Offline OP
4 point
MallardMan84  Offline OP
4 point
M
Joined: Dec 2016
Posts: 357
Property is paid for, no liens etc. Thanks for input

Re: Quit Claim Deed [Re: MallardMan84] #2811794
05/20/19 10:02 PM
05/20/19 10:02 PM
Joined: May 2011
Posts: 20,017
PDL, Fl
T
timbercruiser Offline
Freak of Nature
timbercruiser  Offline
Freak of Nature
T
Joined: May 2011
Posts: 20,017
PDL, Fl
Last week I quit claimed three parcels of land to my grandson, had a lawyer draw it up, record it and it didn't take but a few days.

Re: Quit Claim Deed [Re: MallardMan84] #2811795
05/20/19 10:04 PM
05/20/19 10:04 PM
Joined: Jan 2005
Posts: 33,437
Your mom’s house
doekiller Offline
Freak of Nature
doekiller  Offline
Freak of Nature
Joined: Jan 2005
Posts: 33,437
Your mom’s house
The hardest part is typing the legal description.


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