Quit Claim Deed Guidance

Summary

When you sign over 99% of your home using a Quit Claim Deed, the new owner(s) are typically responsible for property taxes and home insurance. The names of the new owner(s) should be listed on the property taxes and insurance policy. The names on the deed will appear on the Monroe County website. You can include both names on the Quit Claim Deed and insurance policy, and you can make insurance payments if you choose, even if you continue living in the home. Ensure the Quit Claim Deed is accurately filled out and recorded with the County Recorders Office.

Full Conversation

If I sign over *% of my home on a Quit Claim Deed, who is responsible for paying property taxes and home insurance on the property. Also, for the insurance and property taxes, whose name should they be put in? Also, whose name or names will appear on the Monroe County website?
Hi ****! Generally, when you sign over *% of your home on a Quit Claim Deed:
- Property Taxes & Home Insurance: The new owner(s) of the *% will be responsible.
- Names on Taxes & Insurance: The new owner(s) should be listed.
- Monroe County Website: The names on the deed will appear.
Do you need more details or assistance with the Quit Claim Deed process?
Yes
Great! To help you further, could you please specify the details you need assistance with regarding the Quit Claim Deed process?
So, I can put both names on the Quit Claim Deed and on the insurance policy and I can make the insurance payment if I choose? I will be living in the home.
Case Rating: *
Yes, you can put both names on the Quit Claim Deed and on the insurance policy. You can also make the insurance payments if you choose, even if you are living in the home.
Do you need any specific guidance about the Quit Claim Deed process?
Yes.
Case Rating: *
What specific guidance do you need regarding the Quit Claim Deed process? For example, filling out the form, legal implications, or recording the deed?
Thank you
Case Rating: *
Since you need specific guidance on the Quit Claim Deed process, here's some general information to help you:
- Filling out the form: Ensure all required fields are completed accurately.
- Legal implications: Understand that signing over ownership affects property rights.
- Recording the deed: Submit the signed deed to the County Recorder's Office.
Would you like more specific details on any of these points?
No, and thanks again.
Case Rating: *
You're welcome! If you have any other questions in the future, feel free to reach out. Have a great day!