No Purchase Price Recorded

How does a sales price not get recorded? I see benefits from that.

Comments(6)

  • fmmp23rd January, 2006

    Anyone?

  • finniganps23rd January, 2006

    More info. is required to respond.

  • fmmp23rd January, 2006

    I often look in the "Homes Purchased" section of my local paper. On numerous occassions I have seen listings such as:

    L. Adams to B. Jones, 123 Apple Street, no purchase price recorded.

    How can a purchase price not be recorded?

  • jfmlv195023rd January, 2006

    Depends upon the county/state on what info is posted or not.

    John (LV)

  • NewKidInTown323rd January, 2006

    Quit claim deeds could be "no consideration" deeds, perhaps citing "$1 and other valuable consideration".

  • BBagnall22nd February, 2006

    Could be a trust deed or an interspousal deed as well.

Add Comment

Login To Comment