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What Do You Think of a "Quiet Claim Deed"?
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June 22nd, 2010
My brother in law wants to sell his half of a property to my wife and I (for $400K) but wants to maintain a “Quiet Claim Deed” to the property in which he will have the option to buy back 50% of the property for ($500K) by the year 2015. To me it sound like my brother in law is essentially requesting a large loan from my wife and I and really doesn’t want to sell his half the property. The property location is in down town San Francisco. What do you think about this?
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