Posted by dealmaker on March 28, 2006 at 08:11:10:
I’m NOT a lawyer, just a pretty experienced TX investor, and I can tell you that a REALTOR is a terrible source for LEGAL advice. AFAIK quitclaims are still used in TX, but since we’re a community ppty state a transfer within a family is not a valid use of it.
The real question is, what is your sister trying to do at this time? Deeds in TX are used to TRANSFER ppty, not show ownership. If your sister is getting ready to sell the ppty the TITLE INSURER, which is usually also the transfer agent, will tell her whether they’ll accept it. If your parents are still alive the could just execute a WARRANTY DEED.
The bigger question is, WHY did your parents transfer a ppty to your sister? It’s not generally a good idea, IMO.