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07-14-2008, 08:39 PM
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#1 |
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Junior Member
Last Online:
07-16-2008 07:26 PM Join Date: Jul 2008
Posts: 1
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Quit Deed
We are trying to get a loan the cheapest and easiest way to buy my in-laws
property which they own outright so our bank told us about quit deed which my in laws don't have a problem with but want to make sure that the transfer tax fee which we are going to pay up front. Will my in laws get charged any taxes later on down the road? |
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07-16-2008, 08:43 AM
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#2 |
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Top Level Member
Last Online:
11-16-2008 01:08 PM Join Date: Feb 2007
Posts: 723
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Re: Quit Deed
Check with your local county clerk or recorder of deeds because some local jurisdictions do have applicable taxes.
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