The correct document is a regular bargain and sale deed where the party is named on the original deed and transferring their legal interest in the property to the other spouse. A quit claim deed is not appropriate where the party is named. A quit claim is appropriate for a party to surrender their equitable interest in a property where they were not named on the prior deed.
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Patricia L Veres, Esq.
Certified Matrimonial Law Attorney
Veres & Riordan LLC
973.537.1700
[email protected]Twitter @PatriciaLVeres
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Original Message------
I've always used a quit claim deed for transferring property as part of an MSA. At a recent ESP, the attorneys recommended using a Bargain and Sale Deed. The seem similar, but is there an advantage to one or the other?
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Thomas King Esq LLC
45 Broadway,
Denville, NJ 07834
973-750-8348
www.njfamily.law www.njdivorce.law
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