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February 2004

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Sun, 1 Feb 2004 13:58:50 -0500
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One word of caution for those who are asked to give a Quit Claim
Deed in the present day.  It would be to check out the  property
in question, especially if  they offer you  a 'bit'  of money to
sign it. For  example,  during WW11, my father-in-law, as well as
his two sons, were offered $100 each to sign  Quit Claim Deeds to
a piece of property that my f-in-l said he THOUGHT it may have
been his grandfather's i a distant town. I had the description of
the property and  via long distance phone calls, found out it was
right downtown, a choice piece of property.  Guess what,   ( Now
if his grandfather had any interest in that property it was
50 years before 1942!   I upped the price to $500 for each of
them.  There was no quibbling.  I am sure I could of got $1,000
apiece.  ( I  was secretary to an Atty at the time but I did not
consult him...I had learned a great deal from him by that time.)
BTW,  even after get ting the $500, they signed the usual
disclaimer quit claim.

Twigs

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