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  1. #1
    Join Date
    May 2012
    Posts
    4

    Default Quit Claim Deed to Transfer Ownership

    My question involves real estate located in the State of Florida:

    Here are the facts:
    Friend and I bought a house in Florida. Friend made a down payment. I executed a promissory note for the balance and the friend is not on the promissory note. We are both on the Mortgage (Security Instrument). House defaulted in 2009, I filed bankruptcy and upon discharge the promissory note debt was discharged. As part of the bankruptcy had to vacate the house. Bank filed foreclosure, 1st time in late 2009 then dismissed the suit. Now filing a 2nd time still ongoing. Deed is titled as Joint Tenants with rights of survivorship. Am having a hard time locating an agency who will insure vacant property.

    Question: If my friend quit claims his interest to me and say the house is damaged, would he be liable for any damages?

    Thanks
    BS

  2. #2
    Join Date
    Sep 2010
    Posts
    19,901

    Default Re: Quit Claim Deed to Transfer Ownership


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