Real estate is transferred through a deed from persons or entities. The legalities are typically handled by an attorney when the property is sold, when one owner dies, or when an owner gifts the property to another party. From time to time, there are issues which must be addressed which pertain to the transfer of a property or issues with the title to the property.
Resolving Transfers & Disputes
Transfer of real estate is typically accomplished by using a quitclaim deed. Quitclaim deeds transfer the grantor’s rights in the property to the new grantee. This can create problems, particularly if a parcel is owned by more than one party. In these cases, the second owner may dispute the transfer of the property to the second party. When this occurs, it is imperative to seek legal help from a qualified real estate attorney. Only by working with everyone involved can these matters be resolved successfully.
Understanding Quiet Title Requirements
When a property is transferred from one person to another, there can be issues with the title including mechanic liens, issues pertaining to the lot size, or other matters which could hinder the new owner or their heirs. To prevent these issues, a quiet title action may be filed by the property owner. These actions are designed to provide the current property owner, and those whom they may transfer the property to later with security knowing the title will be “free and clear” of defects.
Jagers & Johnson, PLLC has experience handling these complex real estate matters in Oklahoma City and the surrounding areas. Contact them immediately if you are facing any type of problem with property transfers.