Legal Question in Real Estate Law in Illinois
Quickclaimdeeds
What recourse do I have if I have ownership on a quick claim deed with 4 other family members,who can not agree on a fair price to settle?
Asked on 3/29/99, 1:48 pm
1 Answer from Attorneys
Charles Dobra
Charles Wm. Dobra, Ltd.
Re: Quickclaimdeeds
HOW you received title to real property is not important; I assume that what you really mean is that you are a joint tenant with other people, i.e., a joint owner. One would have to see the deed to determine the exact kind of tenancy to determine how to divide the interest. I would suggest that you take the recorded deed to a Real Estate attorney to determine exactly how you hold title; once that is nailed down, you can proceed as how to break up the tenancy, if possible.
Charles Dobra
Charles Wm. Dobra, Ltd.
675 East Irving Park Road - Suite 100
Answered on 4/07/99, 6:47 pm
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