someone from a deed—is it possible? The short answer: No.
It is a
misconception that someone can be “removed” from the deed.
Nor can a
co-owner simply take away another party’s interest in a property by executing a
new deed without that other party.
In short, no
one can be passively removed from a title.
if an owner “added” someone else to the real estate deed previously, the
first owner cannot reconsider and take the second person off the deed.
Continue reading “Removing Someone from a Real Estate Deed”
A quiet title action is a special legal proceeding to determine rightful, legal property ownership. It is often a preventative or “friendly” lawsuit to ensure that no other parties have conflicting claims to a title, or to resolve an ambiguity. Depending on state law provisions, the plaintiff—that is, the party filing the complaint—may be the mortgage lender, a potential buyer, the legal title holder, or someone in actual possession of the property.
in a quiet title action enables the rightful owner to get title insurance, to
take a loan out on the property, and to convey the property free and clear of
any cloud on the title.
to File a Quiet Title Action
doubt or ambiguity arises as to ownership in a title search, the title company
will not issue a title insurance policy. This means the property lacks
marketable title. To obtain a mortgage loan, title insurance is necessary.
Continue reading “What Is a Quiet Title Action?”