Ontario Mom
stay safe ♥ be kind
- Joined
- May 21, 2013
- Messages
- 17,735
- Reaction score
- 136,944
For those of us who don't understand the significance of a quit claim, can someone please explain it like you're speaking to a 5 year old? ![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
i got you girl. its a faster sale of the deed where the buyer agrees to pay for the property and forgo going through the formal process of having the title checked. it can save money, but the buyer agrees to buy the property as is and pay in full right then... so if like 6 months later he learns he was sold a faulty deed, he has no recourse of action against the seller AND he losses the property. Sooo it requires trust @Ontario MomFor those of us who don't understand the significance of a quit claim, can someone please explain it like you're speaking to a 5 year old?![]()
From Wikipedia. "A quitclaim deed is a legal instrument that is used to transfer interest in real property. The entity transferring its interest is called the grantor, and when the quitclaim deed is properly completed and executed, it transfers any interest the grantor has in the property to a recipient, called the grantee."For those of us who don't understand the significance of a quit claim, can someone please explain it like you're speaking to a 5 year old?![]()
Oh dear...trusting BM? Thanks for the explanation. I looked it up and still was having trouble understanding.i got you girl. its a faster sale of the deed where the buyer agrees to pay for the property and forgo going through the formal process of having the title checked. it can save money, but the buyer agrees to buy the property as is and pay in full right then... so if like 6 months later he learns he was sold a faulty deed, he has no recourse of action against the seller AND he losses the property. Sooo it requires trust @Ontario Mom
Good grief. It’s like BM is going out of his way to give himself a motive. This latest revelation of the the quitclaim is just another telling action. What on earth could be so urgent to use your guardianship over your missing wife to relinquish her rights to property you owned together so now it’s just yours??? While she’s MISSING? What’s so freaking important? This is ALL about $$$$$$$ and there is absolutely no shame. I’m disgusted.
Property law is literally the worst. But im glad the surviving the torture of property law has some benefit. My prof would be so proud I sort of coherently explained itOh dear...trusting BM? Thanks for the explanation. I looked it up and still was having trouble understanding.
Oh dear...trusting BM? Thanks for the explanation. I looked it up and still was having trouble understanding.
I wonder when the property goes up for sale. Maybe there's a private buyer all ready in line.Basically, it's like it sounds. A quit claim, erases someone's claim to property. Think quit, stop, erase.
Property law is literally the worst. But im glad the surviving the torture of property law has some benefit. My prof would be so proud I sort of coherently explained it
YES!!! I said this early on!I’m also wondering why, when the second neighbor talked to BM later in the day (before the 5:30 911 call), BM didn’t call his buddy GD to go check on SM.
MOO
Speculation Also- another neighbor happens to live 3.5 miles from Puma Path.
Interesting thing I recall from a while back. Lauren Sharf was near the Morphew home and received a tip about a State Patrol Officer who was parked at CR 240 & HWY 50. She talked to him and he said he didn't know why he was there.
I wish I knew how to use the search feature better, I'd like to find the post where I talked about that. If I can find the Facebook video where she mentioned the location of the officer, I'll verify it was CR 240, I might be wrong. But if so, very interesting location for the officer to be parked!!
Minor point, but MSM has reported that BM was hired to do landscaping work at the site. There is no contract that is public information and there is no permit for that site for "Driveway" which would be typical for landscape work in Chaffee county. It is impossible to determine what BM should have been doing, with the known and permissible information. IMOThere’s no reason to think he would be. Also, Barry was contracted to bring in/move/grade the dirt only. Beyond using a bulldozer which a one person operation, what help would he need?
Yes that sounds right up there with water boarding!Property law is literally the worst. But im glad the surviving the torture of property law has some benefit. My prof would be so proud I sort of coherently explained it
I remember that but don’t recall the exact roads. It happened at the same time as the digging up of the concrete project BM was associated with.
I do remember the detail that is was a state trooper(s) and they had been blocking that road since 3am but didn’t know why.
I'm correct on the location, I remember being curious and I google walked the area. The Colorado Firecamp was just up the road. I surmised they were searching that area also.I remember that but don’t recall the exact roads. It happened at the same time as the digging up of the concrete project BM was associated with.
I do remember the detail that is was a state trooper(s) and they had been blocking that road since 3am but didn’t know why.
Well at first I thought it was “Quick” claim. LolBasically, it's like it sounds. A quit claim, erases someone's claim to property. Think quit, stop, erase.
So im for sure going to over simplify this but the jist is that the lawyer set it up this way, so that whenever the current owner passes, the property seamlessly passes to you. Since its from a loved on, you know its good and theres no reason to waste the time or expense of doing it the long way. The way it comes to you is a particularly tortious body of property law called future interest and that my friend is where I bow out of the property law seminar. There is not enough money in the world to make me look over my old future interest notes. (can you tell i really hate property law) im somewhat knowledgeable about several other rarely used areas of law soo feel free to shoot me any other type of question lolRe: quitclaim-I could be completely wrong, and also it may be state based, but in my particular instance, there is a piece of property to which I am named on the quitclaim. I was told that in the event of death of the owner, the property would be passed on to me without passing through, or becoming part, of their estate. An estate attorney set it up that way. No idea if it is indeed absolutely correct, or if it in any way applies in this case. But the thought process of it is interesting.