My question involves real estate located in the State of: Ohio
Does a quitclaim deed void the obligations of a land contract?
We tried selling property on a land contract, but the buyers defaulted and now we're trying to get them to pay us for some damages and remaining mortgage balances, which are all outlined clearly in the contract. We're having issues now trying to get them to pay their obligations, and are considering small claims court. We had them sign a quitclaim deed to remove their interest from the property so we could put it back on the market for sale, and I was wondering if by having them sign the quitclaim deed, if that freed them of their obligations of the contract.