http://www.therealestatedealer.com?vd09 - Find out what a quitclaim deed is. Many people mistakenly call it a quickclaim or quick claim deed.
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I believe you can use this in wholesale deals as well
monjieful 6 months ago
@monjieful Thanks for the comment. You can use it in wholesale deals, I would imagine, if everything is on the up and up. Anyone who receives a quitclaim deed should ask the question, "Why is this person giving me a quitclaim deed?"
TheRealEstateDealer 6 months ago
I live in Maryland, USA thanks. I also wanted to ask you. If my mom and I do a quitclaim deed between us. And have it noterized. But not recorded is it still legal?
policemomma1 2 years ago
Thanks, policemomma1, for the question. I don't know the laws in Maryland. You have to check it out. But to answer your question in general, the document is legal. But not recording it may cause problems in the future. Documents that are recorded first usually have priority over other documents of the same type. If another quitclaim deed is executed after yours and is recorded BEFORE yours, then that recorded deed may receive priority over yours. Record it to cover yourself.
TheRealEstateDealer 2 years ago
Thank you for the insight, can you send me a sample of how a quitdeed should be worded for my mom to her adult child. Thanks!
policemomma1 2 years ago
What county and state do you live in?
TheRealEstateDealer 2 years ago