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Quit Deed & the unmarried (Real Estate & Property Law)

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• Thu, 19 Sep 2002 22:51:00 GMT(1)
• With a partition, the court is going to order the house to be put up for sale, which it has been since April. If they order him to buy her out before it is sold, which would force her to move, who determines the buy-out amount? There is not a lot (if any) equity in a year old house.
• Thu, 19 Sep 2002 22:26:00 GMT(2)
• Originally posted by NoseyRosey
  What is the name of your state? TX
  In July 2k1, my brother and his then fiancee built a new home and shortly after moving in, he found out about her unsavory past. In April he put the house up for sale (has not sold yet). They ended their engagement but because she can't keep a job, she refuses to move. He does not want to move because he knows she cannot pay the mortgage and the house will go into foreclosure and mess up his credit (both names are on the house). He pays all of the bills and it is a hardship. Someone mentioned a quit deed but after reading several of the Q&A's, I am not sure how/if this will help him. We talked about it and we think she will refuse to sign anything because she would be forced to move. The mortgage company is not going to refinance a $200k house for an unemployed person, so he knows he cannot quit deed it to her.
  Everyday is a battle and he knows he made a HUGE mistake. He just wants his freedom, peace of mind and money in his pocket.
  Does he have ANY options?
  **A: sell the property or if she refuses, file partition.
• Fri, 20 Sep 2002 13:05:00 GMT(3)
• Originally posted by NoseyRosey
  With a partition, the court is going to order the house to be put up for sale, which it has been since April. If they order him to buy her out before it is sold, which would force her to move, who determines the buy-out amount? There is not a lot (if any) equity in a year old house.
  **A: the buy-out would be subject to negotiation between the parties or if no agrement is reached, the Court would decide. The Court gives final approval either way.
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Real Estate & Property Law Open Questions

What is the name of your state? Utah For the past 10 years or so, I have taken care of my grandparents, both of whom were/are failing in health. Months ago, my grandparents put a quit deed on this house, my grandfather, my grandmother and me. Now as I understand it, upon one of their deaths,......

What is the name of your state? VA Me and my ex-fiance are both on the deed for our home but I am the only one on the mortgage. He refused to be removed from the deed even though once we separate he will not with the mortgage. There is no equity in the house and in this market we will definitely......

What is the name of your state? Michigan I hope I am in the correct place for this. If not, I apologize and would appreciate directions to find my answer. It is in my mother's Will that when she passes away, her house will be given to my two brothers and I. She would like to Quit Deed it to us......

What is the name of your state? WI My grandparentes quit cliamed there 2nd home to my brother and myself. It is recored with both our names on the deed each owning 50%. My grandparents have also kept a life estate for themselfs on the quit claim deed. My brother said he can force a sale of the......

What is the name of your state?What is the name of your state? CA. I am married, buying a house, loan is in my name, escrow wants a quit claim deed signed by my husband to take him off title and then have me sign a quit calim deed to put him back on title and deed. Is the the way most deals are......

What is the name of your state? FL With right to surviorship, no quit claim deed, could the person that I am trying to get off the property take me to court and force me to buy them out? Would it be 50% of the property price when bought , or now with all the improvements? Thanks and Sorry for......

My sister passed away 2 months ago from a breif fight with cancer. (six weeks, age 50). Before she died she quit claim our fathers land to my brother and this was okay with the rest of kids. Then 3 weeks later my brother finds out he has cancer and dies 5 weeks later. He quit claims the land to......

Michigan.. My mom and dad used a quitclaim deed to give us four children their house. She died recently, and my dad is sounding like he wants to re-marry. If he does and then dies himself, would his new wife be able to overturn the quitclaim deed and take the house that my mom wanted to......

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