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Updated over 8 years ago on . Most recent reply

User Stats

67
Posts
9
Votes
STEPHEN YUAN
  • Investor
  • West Covina, CA
9
Votes |
67
Posts

Georgia Title Insurance Rules Regarding Quitclaim

STEPHEN YUAN
  • Investor
  • West Covina, CA
Posted

I purchased 50% ownership of a property in Georgia. My property was quitclaim to me by the previous investor. If want to sell the property, would I get into any problems with the title insurance company such as them requiring an affidavit from the previous investor or requiring another notarization by a title insurance company appointed notary?

Also, my partner said the title insurance is on the Quitclaim. What does he mean? I have never heard of that before in California. He just told me title transfer is done by a lawyer in Georgia instead of an escrow company. Can someone verify that? 

Most Popular Reply

User Stats

261
Posts
199
Votes
Phil Earley
  • Property Manager
  • Cumming, GA
199
Votes |
261
Posts
Phil Earley
  • Property Manager
  • Cumming, GA
Replied

Real estate Closing Attorneys in Georgia are the agents of the Title company also.  

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