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Massachusetts Quitclaim Deed - Four Individuals to a Trust

Quitclaim To Trust

Name: Massachusetts Quitclaim Deed - Four Individuals to a Trust
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.68 (457 reviews)

Category:

Massachusetts Real Estate - Deeds - Quitclaims

State:

Massachusetts

Control #:

MA-024-77

Format:

Instant download

Description

This form is a Quitclaim Deed where the Grantors are four individuals and the Grantee is a Trust. Grantors convey and quitclaim the described property to Grantee. This deed complies with all state statutory laws.

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FAQ

It's usually a very straightforward transaction, but it's possible for a quitclaim deed to be challenged. If a quitclaim deed is challenged in court, the issue becomes whether the property was legally transferred and if the grantor had the legal right to transfer the property.

If the quitclaim deed requires the signature of all co-owners, the deed is invalid unless all co-owners have signed it and the deed is then delivered to the grantee.If one individual owns real estate and desires to add a co-owner such as a spouse, a quitclaim deed might be used.

Yes, a quit claim deed supercedes the trust. The only thing that can be done is to file a suit in court challenging the deed as the product of fraud and undue influence. A court action like that will cost thousands of dollars, but might be worth it if the house was owned free and clear.

The drawback, quite simply, is that quitclaim deeds offer the grantee/recipient no protection or guarantees whatsoever about the property or their ownership of it. Maybe the grantor did not own the property at all, or maybe they only had partial ownership.

A person who signs a quitclaim deed to transfer property they do not own results in no title at all being transferred since there is no actual ownership interest. The quitclaim deed only transfers the type of title you own.

No. And unless the deed identifies the trust as an owner, then father is the owner of an interest. It is a common mistake to set up a trust and then fail to deed property into the trust. However, you cannot force him to make the changes you are...

Recording: Massachusetts quitclaim deeds must be filed with the Registry of Deeds Office. Choose the office in the county where the property is. Filing Fee: Each Registry of Deeds Office charges a filing fee, which must be filed along with the deed.

But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.A quitclaim deed, for example, is far simpler than a warranty deed.

A quitclaim deed affects ownership and the name on the deed, not the mortgage. Because quitclaim deeds expose the grantee to certain risks, they are most often used between family members and where there is no exchange of money.Quitclaim deeds transfer title but do not affect mortgages.

Quitclaim To Trust

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FAQ

Will a quit claim deed hold up in court?

What makes a quit claim deed invalid?

Does a quit claim deed override a trust?

What are the disadvantages of a quit claim deed?

Does a quitclaim deed give you ownership?

Does a trust supersede a deed?

How do I file a quit claim deed in Massachusetts?

Can I prepare my own quit claim deed?

Does a quit claim deed mean you own the property?

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