Legal Question in Real Estate Law in Florida
quit claim deed
My partner and I owned a house. We have since broken up and she agreed to let me buy her out of the house. She signed a quit claim deed to transfer her interest in the property to me. Consideration was for half of the mortgage (we were both on the mortgage and owed $300,000 and half of the equity which was about $100,000 which is $200,000 total consideration. I refinanced the house to give her her share of the equity ($50,000). Now the house is in my name and so is the new mortgage. Now she wants to reverse or void the quit claim because I have not given her the $50,000 yet. I will give it to her in the near future. Can she have the quit claim deed voided or reversed because she didn't get all of the consideration yet?
1 Answer from Attorneys
Re: quit claim deed
No. You cannot void a validly executed deed that has been recorded in public records. What she could do is sue you for breach of contract and obtain a court order and judgement against you.