QUESTION

Quitclaim

Asked on Feb 02nd, 2015 on Residential Real Estate - New Jersey
More details to this question:
If a quitclaim is granted can the property still be seized if the grantee defaults on another loan?
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1 ANSWER

Elder Law Attorney serving Toms River, NJ
Partner at Diana L. Anderson
2 Awards
The property can't be "seized" but the creditor may attempt to place a lien on the property and/or to invalidate the transfer becuase it was done with the intention of getting out of a debt.
Answered on Feb 02nd, 2015 at 12:17 PM

Diana L. Anderson, Certified Elder Law Attorney This response is not legal advice and does not establish any form of attorney/client relationship

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