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Mortgage Know-How :: Real Estate with quit claim

Author: Anonymous
Subject: Real Estate with quit claim
Posted: Fri Dec 02, 2005 10:15 am (GMT -8)
Topic Replies: 3

My dad quit claimed his 50% to me. I own the other 50%. Recently, he filed a quit claim which adds him back on to the deed and also includes his wife. I recently received a notice from his attorney stating his wants me to give him back his 50% and that I would become the beneficiary of the 50% once he passes.

What will secure me that I will become 100% owner once he passes? What are my options for full recovery of the property if I decide to give him back his 50%? What should I doe besides getting a lawyer?
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