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Why do you need a quit claim deed if you already have a signed contract for Deed?

Tonkawa, OK |

Am I required to sign a quit claim Deed if I have already signed a contract for Deed?

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Attorney answers 1

Posted

A contract for deed is an agreement to deed the property at some point in the future. A deed conveys the property at the time the deed is delivered.

Whether you are required to sign a quit claim deed depends on the terms of the contract for deed, and whether they have been fulfilled.