MY daughter needs to get a loan for personal reasons and does have a job but no collateral. if i quit claimed my property to her If she chose to ,once the loan was paid off .Could she give it back to me .through a quit claim .?
Yes but your scenario puts your property at great risk if daughter defaults.
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I agree with the previous answer. When you grant a quit claim deed you are gifting the property to her and she will be free to do anything and you may not get it back later. You should consult with an estate planning lawyer to make this gift part of an overall plan and do it correctly now instead of wishing you had.
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She might choose to quitclaim it back to you, and yes, could do so. She also might choose to keep it, or put mortgages on it more than she could pay, or gift it to another, or allow unsecured creditors to get it from her.
I had a client years ago who wanted to get a gift deed back, but the grantee wouldn't agree, and we found there is nothing the law can do about it.
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