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    cashkn9's Avatar
    cashkn9 Posts: 1, Reputation: 1
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    #1

    Jan 27, 2009, 06:06 PM
    Quick deed
    What effect does a quick deed have if the property is not paid for?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #2

    Jan 27, 2009, 06:12 PM

    Nothing since there is no such thing as a "quick" deed. However, if you mean a quit claim deed, then the current owner shouldn't sign it until they receive payment.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Jan 27, 2009, 06:26 PM

    A quit claim deed is normally signing over those rights and ownership a person has. There is not warranty

    But in general to "sell" the property, they have to pay off the loan,

    Now sometimes with a loan, a additional person is added, such as a family member.

    More details are needed to know what you are talking about
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