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Quiet Title - Make Sure That Property is Yours Business Articles | June 15, 2012 You are excited to inherit the hunting camp your grandfather bought so many years ago. It has been passed down in your family for the past two generations, and now it's your turn to take care of the l...
You are excited to inherit the hunting camp your grandfather bought so many years ago. It has been passed down in your family for the past two generations, and now it's your turn to take care of the land. Your family looks to you as their patriarch to keep this land in the family. Your father passed the land to you using a quitclaim deed. He was the grantor in the situation, making you the grantee. When your father put the paperwork through he "quit" his claim to the land and passed it on to you. Following tradition Cheap Men's Adidas Yeezy Boost 330 Shoes Black White NZ , you went along with the quitclaim deed until you had a talk with your lawyer the following week.
Your lawyer was pretty savvy with the deed, he tipped you off right away that the quitclaim deed does not have title covenant. Without title covenant, the transfer of property occurred without the warranty of the claim status of the property. If your father, the grantor, was not `aware of competing claims against his property Cheap Men's Yeezy Basketball Boost Black NZ , then the transfer could prove invalid, because the grantor can only give away what is truly his in title at the exact time of transfer. If the title to the land were challenged after this transfer occurred, the grantee would have little to no legal recourse in recovering the property. Your lawyer couldn't believe that your family was not passing the title down through processes like grant deeds or warranty deeds, which protect the grantor and grantee from encumbrances by third parties. Instead, y
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