Posted on August 5, 2010.
As successor trustee / beneficiary should I file a warranty deed or Quit Claim Deed? My father died last month, he had a revocable living trust. I want to put the house he owned (no mortgage or liens) on my behalf.
Sorry for your loss. Guarantee, no question, especially coming from the trust. If you perform an act of renunciation of the trust transfer of ownership, you really are not protected in any way. The security instrument has more weight, especially in your case. Make sure you also a real estate lawyer concludes that act for you, who acts out of a trust may be difficult, depending on the condition of the property, there may be affidavits that must accompany such transfer and Action tax forms and any transfer taxes / which must be completed and, possibly, a cover page county, best wishes
warranty. This review will guide you again;
be an act of renunciation is
tell the world;
"Whatever interest I may have in this
package, I give to this or that. "
It is therefore the lowest level of
act and I would not use such
nothing.
sorry for your loss.
Guarantee or grant. acts of surrender are not accepted as proof of ownership by title insurance companies and thus will stop most sales cold because lenders do not lend without title insurance to protect them.