Legal Question in Real Estate Law in Georgia

quitclaim deed

Can I (as sole owner of a rental house) quitclaim ownership from one person (me) to 2 persons (me and my brother) so that he and I will own the house in joint tenacy and rights of survivorship?

He and I already have a business partnership in ownership of a duplex rental.

thank you

Alan


Asked on 7/02/05, 2:49 pm

2 Answers from Attorneys

Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys

Re: quitclaim deed

Yes, you would just need a quitclaim deed, as you stated, to you and your brother. You should also include ownership language in your wills and your partnership agreement(s).

If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.

The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.

Glenn M. Lyon, Esq

MacGregor Lyon, LLC

Promenade II

1230 Peachtree Street NE

Suite 1900

Atlanta Georgia 30309

Phone 404.942.3545

Fax 404.795.0993

[email protected]

www.macgregorlyon.com

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Answered on 7/05/05, 5:08 am
Charles W. Field Charles W. Field, Attorney at Law

Re: quitclaim deed

Sure. It will look weird when it reads "from A, as grantor" "to A and B, as grantees", but that is exactly how you do it. As a footnote, I would advise you to consult with a local attorney about what may happen down the road. I have several cases pending involving relatives and former best friends who THOUGHT they could successfully operate a business.

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Answered on 7/05/05, 12:07 pm


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