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)
-   -   Quick claim deed (https://www.askmehelpdesk.com/showthread.php?t=50549)

  • Dec 26, 2006, 09:46 PM
    captain ov
    Quick claim deed
    I own a house and live with my brother. I have the mortgage in my name but want to add my brother to the title. Can I use Quick Claim for this? Would a Quick Claim deed make my brother co-owner? If so, were can I find the outline? Thanks. Happpy holidays.
  • Dec 26, 2006, 09:52 PM
    LisaB4657
    You can go to an office supply store and get a kit for a Quit Claim Deed. Prepare the deed with yourself as the seller, and you AND your brother as the buyers. Then have the deed recorded in the county clerk or county register's office.

    I suggest that you have this handled by an attorney or title agency in your area. It won't be expensive and they will make sure that your intentions are carried out properly.
  • Dec 26, 2006, 10:06 PM
    captain ov
    Thanks for the quick response. Do you have any idea how much it would cost to have a title agency do it? There is a Chicago Title agency by my house and I was thinking of going there. Thanks again.
  • Dec 27, 2006, 07:08 AM
    Cvillecpm
    The proper term is QUIT CLAIM and you should not do this without advice from a RE attorney familiar with ownership requirements in your state/locality.
  • Dec 27, 2006, 12:56 PM
    LisaB4657
    The costs vary by state. Call the title agency and ask them what they would charge to prepare and file a quit claim deed. Then call an attorney in your area and ask them the same thing. I know that in NJ you can have it done by a real estate attorney for about $150-200.
  • Dec 28, 2006, 08:18 PM
    captain ov
    Thanks for the help, I will contact both tomorrow for prices. Thanks again.
  • Dec 28, 2006, 09:04 PM
    Fr_Chuck
    Yes it is a farily easy process, there are varoius online companies that do the forms for you and send them to you,

    As well as forms available at Staples and Office Depo with fairly clear directions.

    This is the most simplist of real esate transfers while you can always use a real estate attorney it is not really needed, at most a title company should be all you need to do it for you.

    But if you have a reasonable education, it is normally a form that can be done by the person.

    Lawyers perfer to make it sound hard to protect their income far to often

  • All times are GMT -7. The time now is 07:42 PM.