![]() ![]() Keep in mind that a quitclaim deed comes with no guarantee regarding the ownership interest you may have in the property.Quitclaim deeds are most frequently used between family members or co-owners of property who are already familiar with the property itself as well as with each other. Any questions regarding the transfer of property taxes and future tax liability should be directed to an accountant or tax professional.Ĭonfirm you're using the right kind of deed.If you're unsure about the tax status of the property, you can check the county recorder or tax assessor's records for the property, or look on the most recent property tax statement. ![]() However, if you paid the property taxes on the property, you'll have to make sure the taxes are paid in full up to the date of the transfer, and that the tax liability is transferred appropriately.If that is the case, tax statements typically will continue to be sent to the person to whom they've been sent in the past.Transferring your interest in the property may have nothing to do with property taxes, particularly if someone else was already paying the property taxes on the property.Transferring property doesn't necessarily transfer the tax obligation, and in most states the property taxes must be up to date if you want to transfer any interest in the property. ![]()
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