Legal Question in Real Estate Law in Florida
transfer title of vacant property to niece
quick claimed deed to niece, i had no plans to use the property. Niece had no credit i thought this would help her credit rating. several years later she sold the property. We had a verbal agreement she would return property.
All family menbers know about our agreement
1 Answer from Attorneys
Re: transfer title of vacant property to niece
NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
What is your question?
I can only guess from your posting that you are upset with the transfer. Once you executed the Quit Claim Deed, you gave your niece any claim you had to the property. She then had the legal right to sell the property.
You might be able to sue your niece if there was some (hopefully written) agreement or understanding that the property was her's in name only but equitable title remained with you.
This underscores the importance of consulting an attorney before executing any legal instruments.
Scott R. Jay, Esq.