Welcome Guest
Sign In | Register

RE: I was right - definitely under 70.

Posted on: December 28, 2020 at 13:33:29 CT
pickle MU
Posts:
267340
Member For:
26.31 yrs
Level:
User
M.O.B. Votes:
0
What Is a Quitclaim?

A quitclaim deed is used to transfer an interest in real property. But while most deeds describe exactly what interest is being transferred, quitclaims don't do this. A person uses a quitclaim deed to assign to someone else all interest she may have in a piece of property, if any.

The best way to understand a quitclaim's effect is to compare it with other types of deeds. When a seller uses a warranty or grant deed, the deed describes the property interest being transferred. When the seller signs the deed, she guarantees that she owns that interest. These deeds list encumbrances (such as liens against the property) and guarantee that the list is complete.

Quitclaim deeds do not do any of these things. The seller doesn't specify her interest in the property or even guarantee that she has any interest at all. Nor does she list out encumbrances. Rather, she simply quits any claim she might have to any part of the property.
Report Message

Please explain why this message is being reported.

REPLY

Handle:
Password:
Subject:

MESSAGE THREAD

So a quitclaim deed is NOT a transfer of property? - Gyro MU - 12/28 11:19:40
     If the initial interest is Fee Simple property interest, the - Mizzou Lou KC - 12/28 13:08:29
     My google search on this redirected to TB(nm) - miz_zou MU - 12/28 12:23:59
     correct, by itself, it does not imply a transfer of property - 90Tiger STL - 12/28 12:18:21
          a deed does not imply transfer of property? - gmmm98 MU - 12/28 12:35:42
               RE: a deed does not imply transfer of property? - 90Tiger STL - 12/28 12:44:21
                    yeah, that's stupid. a deed implies a property transfer. - gmmm98 MU - 12/28 12:49:04
                         Only hitch is that a Deed transfer does not guarantee - Mizzou Lou KC - 12/28 13:10:58
                              Correct - it reflects an OWNERSHIP TRANSFER - tigerdb MU - 12/28 14:15:20
                                   Agree...there is a lot of meat-beating going on. Transfer - Mizzou Lou KC - 12/28 14:58:10
                              which is another reason a quit claim is not a property - 90Tiger STL - 12/28 14:00:46
                                   Meh...it is the wrong instrument if you are not transferring - Mizzou Lou KC - 12/28 14:57:11
                         no, and you didn't offer any further argument (nm) - 90Tiger STL - 12/28 13:00:43
                         incorrect (nm) - pickle MU - 12/28 12:54:26
                              now you're being stupid - gmmm98 MU - 12/28 13:13:58
                                   it does not - pickle MU - 12/28 13:17:59
                                        to the extent that is responsive - gmmm98 MU - 12/28 13:21:38
                                             no, the title implies it is quitting (or transferring) - pickle MU - 12/28 13:31:09
                                                  . - gmmm98 MU - 12/28 13:35:01
                                                       bad faith? no (nm) - pickle MU - 12/28 13:36:18
                                                            i say: - gmmm98 MU - 12/28 13:38:59
                                                                 interest =/= property - pickle MU - 12/28 13:47:34
                                                                      a deed impliedly transfers property - gmmm98 MU - 12/28 13:55:34
          Ha... - Gyro MU - 12/28 12:29:41
               not an argument (nm) - 90Tiger STL - 12/28 12:44:00
                    No its not.... - Gyro MU - 12/28 17:21:08
     it isn't, and you should know this - ashtray UF - 12/28 11:30:12
          Uh, no - OntheMark MU - 12/28 12:57:03
          No, you should know - Gyro MU - 12/28 11:37:46
               how do you know he had title to the property? - tigerinhogtown STL - 12/28 11:43:57
                    she got a big headache from having her name associated - tigerdb MU - 12/28 12:02:11
                         If there is no money owed - meatiger MU - 12/28 12:18:10
                    The mortgage is an additional aspect of the situation... - Gyro MU - 12/28 11:45:59
                         If I dont have clear title, a quit claim is worthless isn't - hefeweizen MU - 12/28 11:47:33
                              If you have no equity or the grantor is upside down on the.. - Gyro MU - 12/28 11:56:22
                              in no way is the lender technically the owner - gmmm98 MU - 12/28 11:54:53
                                   the lender can repossess it(nm) - meatiger MU - 12/28 11:57:18
                                        the property is collateral for the loan - pickle MU - 12/28 12:09:02
                                             whatever the word is - meatiger MU - 12/28 12:11:22
                                                  A QCD to someone not on the loan.... - Gyro MU - 12/28 12:15:18
                                                       Not a suprise - meatiger MU - 12/28 12:17:26
                                                            You can rent the property still... - Gyro MU - 12/28 12:20:42
                                                                 I never said that - meatiger MU - 12/28 12:31:20
                                        a secured interest is not technically owning the property - gmmm98 MU - 12/28 12:03:46
                                   yep, they only become the owner upon default(nm) - tigerinhogtown STL - 12/28 11:56:20
                              or it helps tie a nice, neat bow on a transfer - pickle MU - 12/28 11:53:06
                                   but it doesn't release them from any mortgage requirements - tigerinhogtown STL - 12/28 11:55:13
                                        the DOT transfer did that - pickle MU - 12/28 12:00:11
                              it transfers whatever interest the granter had in the - tigerinhogtown STL - 12/28 11:51:47
                              I assume a quit claim..is you just walk away from it - meatiger MU - 12/28 11:50:39
                                   The lender always has at least partial equitable interest... - Gyro MU - 12/28 11:53:06
                              Well the grantee takes title subject to the mortgage.... - Gyro MU - 12/28 11:49:46
                                   But what if I say **** that, I don't want it? Don't I have - hefeweizen MU - 12/28 11:51:53
                                        And then he could quitclaim the property to the lender - tigerdb MU - 12/28 11:56:59
                                             Deed in lieu, etc.(nm) - Gyro MU - 12/28 11:58:45
                                        Then you can quitclaim to someone else.lll - Gyro MU - 12/28 11:55:10
                                             So the hot chick may not even know this mfer and can indeed - hefeweizen MU - 12/28 11:56:13
                                                  Of course(nm) - Gyro MU - 12/28 11:57:02
                                                       So unless she accepts it, a quit claim isn't necessarily - hefeweizen MU - 12/28 11:58:13
               I know it is used in that manner, yes - ashtray UF - 12/28 11:39:25
                    That’s an irrelevant response(nm) - Gyro MU - 12/28 11:43:13
                         sorry for your disappointment (nm) - ashtray UF - 12/28 11:44:31
          it has a grantor and a grantee, how is that NOT a transfer?(nm) - tigerinhogtown STL - 12/28 11:33:44
          You should tell that to the assessor... - Gyro MU - 12/28 11:32:14
               So the assessor will transfer the property? - kmawv8 MU - 12/28 11:36:01
                    No, the assessor recognizes it as a transfer because... - Gyro MU - 12/28 11:42:03
                    I thought that was the recorder of deeds(nm) - hefeweizen MU - 12/28 11:41:40
                    The assessor will assess real property taxes to the owner - tigerdb MU - 12/28 11:39:32
          correct (nm) - pickle MU - 12/28 11:31:56
     correct (nm) - pickle MU - 12/28 11:21:48
          A quitclaim deed transfers ownership of property. - Spanky KU - 12/28 11:27:44
               Yes, family or between friend transactions... - Gyro MU - 12/28 11:47:53
               Does it require an acceptance signature by the other party?(nm) - hefeweizen MU - 12/28 11:28:30
                    If the grantee is unaware of the quitclaim filing, they - Mizzou Lou KC - 12/28 13:18:31
                    generally not - Spanky KU - 12/28 11:34:15
                    No - and it is a legal transfer(nm) - tigerdb MU - 12/28 11:32:16
                         transfer of interest, not property (nm) - pickle MU - 12/28 11:34:09
                         RE: No - and it is a legal transfer(nm) - Gyro MU - 12/28 11:32:35
          does she now own property she didn't previously own?(nm) - tigerinhogtown STL - 12/28 11:25:13
          You're even more stupid than I thought(nm) - tigerdb MU - 12/28 11:22:43
               i can quit claim the brooklyn bridge to you - pickle MU - 12/28 11:29:14
                    You can transfer ownership of property that you DO own, - tigerdb MU - 12/28 11:31:00
                         a quit claim is just that: - pickle MU - 12/28 11:33:36
                              So...if someone has free and clear ownership of property - tigerdb MU - 12/28 11:38:06
                                   the question is - did he own it to transfer it? - tigerinhogtown STL - 12/28 11:42:01
                                        Pickle's point is inane - I said "if someone has free and - tigerdb MU - 12/28 11:54:57
                                             no, his point is spot on (nm) - 90Tiger STL - 12/28 12:17:39
                                                  No - it's not, you stupid ****. - tigerdb MU - 12/28 12:23:32
                                                       incorrect (nm) - pickle MU - 12/28 12:31:47
                                                       RE: No - it's not, you stupid ****. - 90Tiger STL - 12/28 12:28:37
                                                       It's not always a transfer of property, period. I can sign - 90Tiger STL - 12/28 12:28:09
                                                            The fact that you can attempt a fraudulent transfer - tigerdb MU - 12/28 12:35:56
                                                                 it's not fraudulent and a quit claim is not inherently - 90Tiger STL - 12/28 12:45:49
                                                                      Go ahead and say it teetee: "it's removing a claim to - tigerdb MU - 12/28 12:51:14
                                                                           no, it isn't transferring anything, a quit claim deed - 90Tiger STL - 12/28 13:01:42
                                                                                You're stupid as fu ck(nm) - tigerdb MU - 12/28 13:05:41
                                                                 it’s not fraudulent - pickle MU - 12/28 12:40:18
                                                                      Even your shadow acknowledged "it's not always a transfer - tigerdb MU - 12/28 12:47:47
                                                                           lol it’s not muddying title - pickle MU - 12/28 12:53:51
                                                                                70 - tigerdb MU - 12/28 12:58:42
                                                                                     RE: 70 - pickle MU - 12/28 13:17:08
                                                                                          I was right - definitely under 70. - tigerdb MU - 12/28 13:24:34
                                                                                               RE: I was right - definitely under 70. - pickle MU - 12/28 13:33:29
                                             lmfao - pickle MU - 12/28 12:02:26
                                                  The distortions are yours - rationalizing your position with - tigerdb MU - 12/28 12:38:49
                                                       rationalization? lol no - pickle MU - 12/28 12:52:18
                                   we have no idea if there is free and clear ownership - pickle MU - 12/28 11:40:35
                                   as far as the hot chick knows, she does - ashtray UF - 12/28 11:40:11
                         But the Brooklyn Bridge and stuff(nm) - Gyro MU - 12/28 11:33:13
                         she would already have to be on the title - ashtray UF - 12/28 11:32:50
               I could have sworn I had seen the bottom of his stupidity... - Gyro MU - 12/28 11:23:43




©2025 Fanboards L.L.C. — Our Privacy Policy   About Tigerboard