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Me and my ex were purchasing a property together. I refinanced when we divorced and my ex signed a quit claim deed. The bank had the original deed from the person that owned the property before us. I never actually had a deed but recieved the quit claim deed when the morgage was paid in full. Should I try to get the quit claim deed changed to a deed? How can this be done and how much should it cost?

2006-11-07 05:34:12 · 5 answers · asked by cathy s 1 in Business & Finance Renting & Real Estate

5 answers

you need to take the paperwork to the County Courthouse.

2006-11-07 05:37:57 · answer #1 · answered by Anonymous · 0 0

First, you do not "change" a quit claim deed. The reason people shy away from quit claim deeds are that they make NO warranty or guarentee that the person quit claiming it actually owns it. I can quit claim anyone's property, anywehere, that I want. But we both know that doesn't make the property yours.

Once your spouse quit claimed the property to you, they gave up any and all rights they may have had to that property. YOU Know that they did indeed own on the property. Once the quit claim was recorded, it is legal. The spouse cannot go back and do a warranty deed, because this type of deed DOES guarentee the person has ownership of the land-- which they no longer have.

If you're nervous that someone else may be on the property order a title report from the title company. But in yoru case, of two people owning and one person just getting "off" the title, a quit claim deed was more than sufficient, as long as it was recorded with the county. Now, when you sell, you'll probably use a warranty deed in the sale, as that's usually used when it fully tranfers ownership.

2006-11-07 05:57:38 · answer #2 · answered by Anonymous · 2 0

This Site Might Help You.

RE:
How do i get a quit claim deed changed to a deed and how much should this cost?
Me and my ex were purchasing a property together. I refinanced when we divorced and my ex signed a quit claim deed. The bank had the original deed from the person that owned the property before us. I never actually had a deed but recieved the quit claim deed when the morgage was paid in full....

2015-08-18 19:50:19 · answer #3 · answered by Casey 1 · 0 0

Don't change it. It isn't necessary. It will show that your ex has no claim when you go to sell it. Why don't you have the deed? It is not like the title to a car. The Real Estate is the collateral not the deed. You should have gotten the deed after it was registered just after closing.
Go to your county courthouse and ask them for a copy. It will probably cost 2 or 3 dollars. Public info. No lawyers no agents no title co. fees. Just the cost of copying. Agents get copies fof deeds all the time when we list houses. We need to be sure the seller can sell.

2006-11-07 07:20:58 · answer #4 · answered by Anonymous · 0 0

Here in Tennessee a deed is a deed, no matter what. We own 5 acres that my father - n - law quit claimed deed to us. No other paperwork needed. People usually go with a quit claim deed to save money and time.

2006-11-07 05:50:20 · answer #5 · answered by GreeneyedCowgirl 5 · 0 0

A quitclaim deed from your ex-husband is an actual deed. You got a general warranty deed when you and your ex purchased the property. When you got divorced, he has every right to give a quitclaim deed. A quitclaim deed simply grants any interest he may or may not have in the property. It is as legally binding as a general warranty deed.

2006-11-07 07:15:13 · answer #6 · answered by KC 5 · 0 0

You absolutely need the original deed. The quitclaim deed merely releases your husband's right to the property. It does not actually GIVE title to anyone. The bank should give it to you if they had it. Otherwise, you should be able to get a copy from the Recorder of Deeds in your county. It should not cost you anything other than photocopying costs. It's YOUR deed.

2006-11-07 05:37:48 · answer #7 · answered by MOM KNOWS EVERYTHING 7 · 0 2

Go to title company. Usual price is around $50 to $90 dollars. Not including the notary. Notary would cost $50 dollars.

2006-11-07 05:48:36 · answer #8 · answered by Speedy 8 2 · 0 2

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