Posted by JHyre in Ohio on July 17, 2003 at 06:19:27:
Transferring a deed means having the deed in your name, Under LC, you don’t get the deed until the contract is paid off. If the contract provisions permit, you can assign the contract and possession of the property. If the contract is silent on the issue, you should be able to assign the contract as well.
John Hyre
land contract and quitclaiming interest - Posted by ae
Posted by ae on July 16, 2003 at 12:18:10:
Can a purchaser of real property under a land contract who does not have the title to the property in their name transfer a portion of this property to another party by quitclaim deed? The property is not paid for in full.
If so what kind of ownership interest would the transferee have?