Posted by John on October 14, 2004 at 23:36:28:
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Sale before quiet title action? - Posted by Dennis
Posted by Dennis on October 14, 2004 at 08:07:25:
I purchased a lot in FL from a tax deed sale and was about to commence the quiet title action, when someone approached me about buying it. Can I sell it w/o having done the quiet title?
Dennis
yes of course you can sell - Posted by David Krulac
Posted by David Krulac on October 18, 2004 at 17:02:50:
but the buyer may not be able to get title insurance, and if that’s the case the buyer will either bolt or demand a lower price, imho.
Re: Sale before quiet title action? - Posted by Barbara
Posted by Barbara on October 17, 2004 at 19:16:54:
The beneficiary passed away in 1997. The Trustee is bankrupt and gone. Beneficiary was married to Trustor for 8 years. Deed of Trust was $20,000, secured by real property. Beneficiary’s Will was never probated.
Trustor now wants to sell property but the Deed of Trust with Assignments of Rights, executed before their marriage, is still recorded.
Note: Trustor has Power of Attorney for Beneficiary
Property secured is sole property of Trustor.
Can we sell it before a quiet title action? Or how do we quiet the title?
Re: Sale before quiet title action? - Posted by Bill H
Posted by Bill H on October 14, 2004 at 23:54:05:
Nothing I know of says you cannot sell your interest. HOWEVER: you should be ABSOLUTELY upfront and certain that the buyer KNOWS and UNDERSTANDS what he is getting and the condition of the title.
One other thought. Perhaps they know the value, or theya are aware of something about to happen to increase the value,and are trying to get it as inexpensively as possible…investigate…you might not want to sell just yet.
Good Luck,
Bill H