Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Real Estate Law (https://www.askmehelpdesk.com/forumdisplay.php?f=29)
-   -   Quit Claim For Future Interest (https://www.askmehelpdesk.com/showthread.php?t=268579)

  • Oct 12, 2008, 01:59 PM
    post42
    Quit Claim For Future Interest
    I have a relative that would like to have me on the deed for his property. I do not want anything to do with the property. Currently, I am listed as the property's owner. I plan to fill out a quit claim deed, but am afraid that the owner will just have me put back on as the owner. How can I release my current and future interest in a property? Also, how can the other members of my immediate family prevent themselves from being placed on the deed in the future?
  • Oct 12, 2008, 03:01 PM
    LisaB4657
    The only way of releasing your interest in property is to transfer it to someone else. If you prepare, sign and record a deed transferring the property back to your relative then you will have released your interest. But I can't see any way to prevent your relative from transferring the property to you again.

    Try telling your relative that they should list you in their will as the heir to that property rather than transferring it to you now. Then, after your relative passes away and the will is probated you can refuse to accept the property from the executor of the estate.
  • Oct 12, 2008, 03:02 PM
    LisaB4657
    The only way of releasing your interest in property is to transfer it to someone else. If you prepare, sign and record a deed transferring the property back to your relative then you will have released your interest. But I can't see any way to prevent your relative from transferring the property to you again.

    Try telling your relative that they should list you in their will as the heir to that property rather than transferring it to you now. Then, after your relative passes away and the will is probated you can refuse to accept the property from the executor of the estate.
  • Oct 12, 2008, 04:13 PM
    Fr_Chuck

    When you deed it to someone else, and they file that deed,

  • All times are GMT -7. The time now is 07:29 AM.