Ward and his office helpers

InnoVest Resource Management's

Foreclosure Forum

Home

Discussion Board

"Hands-On" Training

Title Holding Trust

Speaking Schedule

Store

Foreclosure Codes

50 State Resource Data

Foreclosure Glossary

Foreclosure Statistics

60+ Yrs Interest Rates

Fillable Forms

Archived Articles

Dingbat Retirement Plan

Links

Contact / Map

Home

 

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

Trustee vs owner on title

Posted by Greg Del Vecchio on May 17, 2003 at 4:05 PM

Ward,
I am working a foreclosure with a single woman who purchased her home in 1994 with a co-signer. The Co-signer quitclaimed the property in 1996 and in 1997 the property was placed in a family trust with her and two others as trustees. In 2003 an abusive live-in boyfriend had her sign a quitclaim deed to her property and is trying to kick her out. She stopped the payments on the First TD. When I did the title search I found that she had signed the quitclaim deed as Miss A, an individual woman, as her sole and separate property; even though, at that time the property was in the name of the trust. Question 1, was a quitclaim deed the proper instrument for the abusive boyfriend to use since he was not on the original deed and Question 2 is the quit claim deed valid since she quit claimed it as an individual and NOT a trustee for the trust? Thanks Greg Del Vecchio


Follow Ups:


Post a Followup:

Name    : 
E-Mail  : 
Subject : 
Comments: Optional Link URL: Link Title: Optional Image URL:


[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.

Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455

[an error occurred while processing this directive]