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Updated over 8 years ago on . Most recent reply

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105
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Anthony Yannucci
  • Real Estate Agent
  • Port Saint Lucie, FL
25
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105
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Clouded Title

Anthony Yannucci
  • Real Estate Agent
  • Port Saint Lucie, FL
Posted

If I have a deed with a clouded title, can I sell that property as clouded provided I note that on a contract to the seller that the title is clouded and they are to do their due diligence prior to buying?  Obviously, they would be getting the property at a discounted price.

Most Popular Reply

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344
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603
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David Dey
  • Investor
  • Lakeland, FL
603
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344
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David Dey
  • Investor
  • Lakeland, FL
Replied
Originally posted by @Anthony Yannucci:

If I have a deed with a clouded title, can I sell that property as clouded provided I note that on a contract to the seller that the title is clouded and they are to do their due diligence prior to buying?  Obviously, they would be getting the property at a discounted price.

 Yes, as a quit claim deed, you may sell with clouds in the title.  The main thing is disclosure, and they have to understand all ramifications.

The name of the game used to be location location location, now it's disclosure disclosure disclosure.

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