Legal Question in Real Estate Law in Georgia
Quit claim deed in error
I recently quit claim deed my part of my house to my wife, but also named my daughter as heir. I mentioned her as heir to avoid her losing any future claim to the house, since my wife is her step-mother. My daughter's name ended up on the deed because of that. My wife was unable to refinance the house because the banks would not refinance a house with a minor on the deed. This would also cause my daughter to owe a huge gift tax, and would make it very difficult to qualify for financial aid for college. I would like to correct the error on the quit claim deed. How do I do that?
2 Answers from Attorneys
Re: Quit claim deed in error
What you describe is an excellent example what often occurs when individuals attempt to handle transactions themselves without seeking the assistance of an attorney. Your best solution will involve employing an attorney to determine your options.
Re: Quit claim deed in error
See a real estate lawyer (ie, one who regularly handles real estate transactions) in the county in which you reside. They can draft the proper document, and do a check of the county records to make sure everything else is appropriate. They probably have someone at the records room regularly.
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