Seller is requiring me to sign a quite claim deed property is Indiana (they said it will release me from liability) back to them? Is the legal? As a note, nothing has been recorded regarding this contract for deed

Thank you

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Originally Posted by knowledge77

Seller is requiring me to sign a quite claim deed property is indiana (they said it will release me from liability)

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Hello k:

What it does, is gives them the ability to claim ownership of the house WITHOUT taking you to court if you default on your agreement.. I wouldn't sign it.

In fact, upon further consideration, it allows them to take ownership of your house even if you DON'T default... Don't sign it.

excon

Thank u excon