How does a sales price not get recorded? I see benefits from that.
Anyone?
More info. is required to respond.
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?
Depends upon the county/state on what info is posted or not. John (LV)
Quit claim deeds could be "no consideration" deeds, perhaps citing "$1 and other valuable consideration".
Could be a trust deed or an interspousal deed as well.
Anyone?
More info. is required to respond.
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?
Depends upon the county/state on what info is posted or not.
John (LV)
Quit claim deeds could be "no consideration" deeds, perhaps citing "$1 and other valuable consideration".
Could be a trust deed or an interspousal deed as well.