Originally Posted by
robyng
I am a lawyer - but not a real estate lawyer - and I live in Florida. Florida is a title insurance state - and even a "simple" title change may require an endorsement to an existing title insurance policy or a new title insurance policy. Which may or may not have an impact on any existing mortgage(s). There are also all kinds of court filing requirements (and fees). Don't know beans about the law where you live - but I'd figure out what I had to do to accomplish my goal before I worried about FF miles.
Also - the ethics rules in Florida say that lawyers can accept credit cards (although the credit card fees cannot be passed on to the client). They don't say that anything similar to points/miles is allowed to induce the client to hire the lawyer. Also - we have pretty strict advertising rules. IOW - I think a lawyer here might run into ethics problems by offering anything other than the points/miles that come with the use of your credit card. Robyn
In my state, (not FL) title insurance is optional. Of course every mortgage company will require it, but if you own the place outright...
Here it's $8. Down to the county recorder. They stamp it, enter in some stuff on the computer, and return to you the original. Then file new homeowners exemption if applicable.
I really do suggest if this is anything like a traditional transfer or involves the exchange of money, or involves disinterested parties, you should get a title company or lawyer. Typically, they'll handle this anyways through the normal real estate sales process.
However, if this is something simple and non-traditional, quit-claim might just be the ticket.
I've used them before to:
* Adding family member to title
* Give a property to a family member
I'm also in a fixed title-insurance state (and $1,500 or whatever for title insurance on a $25,000 beater/rental condo, or $10,000 parcel of land, is just not cool)... Transaction costs are brutal in real estate transactions, disproportionally to lower-value properties, and really need to be reduced.