Legal Question in Real Estate Law in California
When a person has filed a Quit Claim Deed, does this mean the person who filed it no longer can claim property as an asset or be considered as an asset.
Asked on 11/04/14, 4:20 pm
2 Answers from Attorneys
William Christian
Rodi Pollock
Yes. They quitclaimed the property to the recipient under the deed. They don't own it anymore as a matter of record title.
Answered on 11/04/14, 5:45 pm
Phillip D. Wheeler, Esq.
Phillip D. Wheeler, Attorney At Law
You are correct. Once the property is quitclaimed then they no longer are on the title as owner.
Answered on 11/05/14, 8:12 pm