 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
Fraudulent Quitclaim Deed
Someone is our family filed a quitclaim deed stating that they paid us 700,000.00 for the purchase of a home. They never paid us anything but they since they paid the conveyance tax and the sell was recorded. Are we liable to pay the capital gains tax on a house that we never received any money for?
What can we do short of suing them to have the deed they filed rescinded? They obtained the signature for the deed under false pretenses and they added the amount for the sale in after the fact. |
||||
|
||||
|
Seeing as your explanation involves a considerable amount of money, personal property and defamation of character, I suggest you find a lawyer and get a police report or something similar filed because it seems to be that this is a good case for fraud. Suing them is the least of it; obviously everything they did was premeditated.
|
||||
|
||||
|
Talk to a lawyer.
I don't know what state you are in but I once represented, pro bono, a man whose sisters had represented that they lost the title to their parents house and they were the sole heirs, and there was no will (there was and they weren't) effectively cutting him out of their sale of the house (he didn't want to sell which is why they did it). He had to produce a copy of the will of his parents that left the property to him and his sisters. The will had never been probated because they didn't know what that meant but the title insurance company took it as evidence that he had been duped out of his inheritance. He had a fraud case against his sisters which he refused to file and we worked it out with the title insurance company fairly quickly and painlessly. But I don't think he would have gotten anywhere without a lawyer. See a lawyer... this sounds serious. |
||||
|
||||
|
Tickle's right, your first stop should be either the police or local prosecutor. This does appear to be a case of fraud which is a criminal offense. They will have to prove you received the money. If they can't, they can be prosecuted.
|
||||
| Question Tools | Search this Question |
Add your answer here.
Check out some similar questions!
My husband's grandparents quitclaim deeded a vacant piece of land to him last year. We are interested in selling the property now. What sort of tax implications will we encounter? Is it possible to quitclaim deed it back to them and let them sell it?
Years ago in Arkansas, I did a quitclaim deed to my brother for a house we had financed for our mom. Later when the lienholder had to foreclose on the property, they also came after me. I had the foreclosure on my credit record for 7 yrs. What I didn't know at the time was that I was giving up...
My grandmother put the names of her children on the deed to her home. The house had no mortgage. :) After she died, we found that she owed back taxes. None of the children except for my Mom was willing to pay or even help pay it. :( In order to pay it she told them that they would have to sign...
Here is my problem... In order to buy my first home I had to have my mother put in her name because of my credit. I make all the payments in the two years I lived her and am ready to have the home in my name. What is the best way for us to do this??
What do I need to do next after I have recorded a Quitclaim Deed through my County in order to sell my home? I received the property from my Mother who is deceased.
View more questions Search
|
