What is a grantor vs a grantee
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What is a grantor vs a grantee
The grantor is the person who is transferring the property. The grantee is the person who is receiving the property.
The grantor is the seller. The grantee is the buyer.
If I am the grantee, the only grantee listed on the deed, am I sole owner of said property.
[QUOTE=rascalcat;2240683]if I am the grantee, the only grantee listed on the deed, am I sole owner of said property. Can anyone else claim ownership or rights. Am going through divorce and soon to be ex wife is trying to claim half of property.
If you were married when you acquired the property its prob half hers if you had it before you got married its yours, it all depends on the state where you live...
If your home is financed but you want the deed to go to your sister when home is paid can you do a quick claim deed without the finance company
Quit claim deed? The mortgage may (and probably does) have a "due on sale" clause which would require their approval. Check and see.Quote:
Originally Posted by stressed28
If I AM GRANTEE,can grantor sell the house?
If I am grantee,can grantor sell the house?
[QUOTE=alfred revazyan;3129828]If I am grantee,can grantor sell the house?[/QU I bought hose to my aunt:s name,then she signed grant deed,does she have any rights to the house?
[QUOTE=alfred revazyan;3129830]You bought the house, and had it transferred to your aunt's name? So she owned it. Then she signed a deed transferring title to someone else?Quote:
Originally Posted by alfred revazyan
No. She no longer owns it. She no longer has any rights to it. That is, of course, unless there are other details that you have failed to tell us.
On the other hand, if what you are trying to say is that you bought the house from your aunt, she would not later have the ability to transfer it to someone else. Unless, of course, you failed to record the deed prior to her later deed.
I wanted to tell you,the mortgage still to her name,but she signed grant deed to my name.she said I still to owner to the house,is that right? Thank you
If she gave you a deed and you had the deed recorded then you are the owner of the property.
However if there was a mortgage that was not paid off when she gave you the property then the lender can foreclose if she stops making the payments.
If you want to keep this property then you should immediately refinance the property by getting a mortgage loan in your name and paying off the old mortgage.
Can you tell me please,if the mortgage is not my name but I have trustee deed ,does that person who"s name on the mortgage ,does she have any right?
The person whose name is the grantee on the deed is the owner. If a different person is responsible for paying the mortgage then that person does not have the right to sell the property but they can stop paying back the loan and then the lender will foreclose and the owner will lose the property.
What do you mean by "trustee deed". Was there a deed of trust (something like a mortgage) involved?Quote:
Originally Posted by ahonarchian1
YES you are
My sister and I are the grantees. What are my sister right to the land. She lives out of state and never paid taxes or insurance on the home? When are father passed away she didn't even come to the services.
You and your sister are co-owners of the property. She has as much right to it as you. However she is also responsible for the taxes and insurance along with you. But if you are living there and she is not then she can make a claim that you have a greater responsibility.Quote:
Originally Posted by family2012
Are you living there?
Im on the deed with my mom she wants me to sign a warranty deed so she can get this loan but she has filed bankrupt how will this affect me cause I want to sign over to her don't want anything else to do with it
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