You are the trustee and on funding day, you transfer your trustee position to the buyers choice for your fee.

So far, no answer.There are times when a Quitclaim may be useful, but not when transferring property from seller to buyer in a traditional property sale.

I ended up setting up a separate LLC and transferred membership of the LLC to the new owner.

Other cities have already priced out the work and want the repair money to be placed in escrow prior to the title transfer.

I remember reading somewhere on here you could have the buyer sign a quit claim deed in advance that upon default the title is automatically transferred over to the mortgage holder in luie of foreclosure.I can't remember where the post is.

It looks like tickets can be transferred until March 13.

If not, how are you transferring your contract?

I want to be able to tell all tenants to "write a check to X" and then transfer funds to the appropriate entity from the PM account.

Any transfer tax or recording fees?

I'll also take a look at the last deed transfer - if it's very recent (within the last year or so), and there's no financial issues, I'll think twice about pursuing the property, since the likelihood of the owner wanting to bail on a recent investment is slim.