Quitclaim deeds and specific terms may come up if you’re transferring property between family members or spouses.
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What is a Quitclaim Deed and When Do You Need One? A quitclaim deed is a legal document that transfers property ownership, often used for family transfers, like adding a spouse to a title or transferring property to children. Unlike a warranty deed, it doesn’t guarantee clear ownership, involve a title search, or provide insurance. ⏰ When to Use a Quitclaim Deed: -Family Transfers: Adding/removing names on titles in cases like marriage or divorce. -Trusts: Putting property into a family trust. -Title Clarifications: Clearing potential ownership claims. 🔑 Key Points: It affects ownership only, not the mortgage. No title search or insurance. Record it at the county office to protect ownership. ➡️ Bottom Line: Quitclaim deeds are quick but carry risks. They’re ideal for family transfers, but not for traditional property sales. If you need more information or assistance with your real estate journey, I'm here to help. Whether you're buying or selling, let's chat and make it happen! 📱 (507) 382-0977 ✉️ gsadaka@cbrivervalley.com 🌐 sellitlikesadaka.com Coldwell Banker River Valley, REALTORS #SellItLikeSadaka #HomeBuying #MNRealEstate #GretchenSadakaRealtor
When Do You Need to Get a Quitclaim Deed?
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Unfortunately, most folks don't get how vital title insurance is. 😕 So here are 3 top tips to protect your property rights: 1️⃣ Before buying, check for Lis Pendens; it's a red flag! 🚩 2️⃣ Always snag title insurance to shield your investment from past legal hiccups. 🛡️ 3️⃣ Choose Click Cash Homebuyers for a fast, transparent deal. We handle the tricky stuff, so you don't have to! 🏡💨 Don't let legal snags ruin your property dreams. 🚫👻 Get in touch with us and find out if selling to us is a fit for you - it's 100% free and stress-free. 📲💬 #RealEstateTips #TitleInsurance #StressFreeSale #Homeimprovement #Homeimprovements #MotivatedSeller #NeedToSellHouse #NeedToSell #Palliativecare #SellhouseFast #SellFast #CashOffer #DistressedProperty #QuickHomeSale #QuickSale #UrgentHomeSale #UrgentSale #clickcashhomebuyers #webuyhouses #sellmyhouse #sellmyhousefast #inherited #vacant #preforeclosure #myhousewontsell #section8 #rental #rentalhome #hospice
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Did you know buying a house without a title search can lead to severe financial and legal issues, including the potential loss of your property? That’s why an expert team digs through public records looking for any debts, legal judgments or other issues that might harm your investment. Here's a roundup of what we comb through: 📜 Prior deeds 🏦 Mortgages ⚖️ Divorce decrees 🔨 Court judgments 💰 Delinquent taxes 💼 Child support payments We're also on the lookout for covenants, conditions and restrictions, plus other sneaky things like easements. And if we find any problems, we fix it all up behind the scenes, so you don’t ever have to worry about it. Now, some title issues aren’t so clear. That's where title insurance comes in handy. It covers you for any hidden defects that might rear their ugly heads down the road. Think forgery, deeds signed by minors or undetected errors in public records. So, next time you're buying or refinancing property, make sure your investment is solid. Contact us at townsquaretitle.com. 🏡
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There are many different types of deeds. In this blog, Virginia discusses six of the most common property deeds in Texas. 1. Warranty Deed 2. Special Warranty Deed 3. Grant Deed 4. Deed of Trust 5. Quitclaim Deed 6. Bargain and Sale Deed Find out which one is best for you and your estate plan.
6 Types of Property Deeds You Need to Know About
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Common Real Estate Disputes in Massachusetts and How to Resolve Them
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Avoid the pitfalls of DIY real estate deeds. Using DIY deeds like quitclaim deeds can create more problems than they solve, from legal complications to financial penalties. There are better alternatives. Today's post provides some answers. #estateplanning, #deeds, #quitclaimdeeds, #home, #diyestateplanning, #texastrustlaw
Pitfalls of DIY Real Estate Deeds
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Queensland Court Clarifies Builders' Duty of Care: A Critical Ruling for both Builders & Homebuyers. A recent Queensland Court of Appeal ruling in Raymond v Lewis [2024] QCA 43 has clarified the limited duty of care builders owe to subsequent property purchasers. The court emphasized that builders are not liable unless the buyer is 'relevantly vulnerable' and unable to protect themselves from economic loss at the time of purchase. This decision highlights the importance of thorough inspections for buyers and provides clarity on builders' responsibilities. Check out our article here: https://lnkd.in/ge2Z_2sk
Does a builder owe a duty of care to subsequent purchasers? - Rose Litigation Lawyers
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