Which type of deed is used to transfer property out of a trust?
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Which type of deed is used to transfer property out of a trust?
Asked on January 18, 2013 under Estate Planning, Oklahoma
Answers:
Catherine Blackburn / Blackburn Law Firm
Answered 11 years ago | Contributor
I don't understand why you are asking this question. The two types of deeds generally used are Quit Claim deeds and Warranty deeds. There are reasons to use each type and I would not advise you to make a decision without consulting a Trust or Real Estate lawyer in your area. The cost of consulting a lawyer should be minimal and well worth it to avoid clouds on the title, loss of title insurance protections, or breach of the trust provisions.
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