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To: shhrubbery!

A quitclaim deed is normal in a friendly transaction, often intra-family in gift or partial gift situations. What it means is the seller offers no warranties on the property as to title, condition, etc. and merely deeds whatever right he or she had to the new owner. No one who is negotiating at arms-length is going to accept that kind of non-warranty since the owner could, in fact, be transferring absolutely nothing.


313 posted on 10/08/2007 4:01:04 PM PDT by caseinpoint (Don't get thickly involved in thin things.)
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To: caseinpoint; Sybeck1; Political Junkie Too; SauronOfMordor
Ok, thanks for your answers, and you're all right, it looks like the quit-claim deed was an in-family transfer. The "grantor" was Halsey Frost and the "grantees" were Halsey Frost and Bonnie Frost.

Also a re-fi was recorded on the same day in 2005 and I believe they took some equity out at the same time, around a year and a half post-accident iirc.

Now whether they used any of those $$$ to help pay medical expenses --or got to spend it all on other things, while we taxpayers footed their medical bills-- is a BIG question for taxpayers, imo.

It's OUR money, so it's OUR business.

(Btw, there are many, many documents on public record for that property --you have to register to use the site, however; and, it's timed and keeps bouncing you out if you have to leave the computer for a few minutes.)

323 posted on 10/08/2007 5:30:12 PM PDT by shhrubbery! (Max Boot: Joe Wilson has sold more whoppers than Burger King)
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