Quitclaim deed - Posted by Treva Jean Edwardson

Real Estate Investing Real Estate Law
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Posted by dealmaker on March 28, 2006 at 08:11:10:

I’m NOT a lawyer, just a pretty experienced TX investor, and I can tell you that a REALTOR is a terrible source for LEGAL advice. AFAIK quitclaims are still used in TX, but since we’re a community ppty state a transfer within a family is not a valid use of it.

The real question is, what is your sister trying to do at this time? Deeds in TX are used to TRANSFER ppty, not show ownership. If your sister is getting ready to sell the ppty the TITLE INSURER, which is usually also the transfer agent, will tell her whether they’ll accept it. If your parents are still alive the could just execute a WARRANTY DEED.

The bigger question is, WHY did your parents transfer a ppty to your sister? It’s not generally a good idea, IMO.

dealmaker

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Quitclaim deed - Posted by Treva Jean Edwardson

Posted by Treva Jean Edwardson on March 27, 2006 at 21:37:47:

Is the quitclaim deed still used in Texas? (A realtor told my sister the deed to her property is NO GOOD because it is a quitclaim deed and they said the quitclaim deed was no longer valid in Texas since 2000, which is the year she purchased the property from my parents.)