[WSBARP] Deed in Lieu of Forfeiture

[Jim Doran]

Maybe the good old Quit Claim Deed is the only assurance that the Seller
needs and that's all.

James R. Doran
Attorney at Law
100 E. Pine Street -  Suite 205
Bellingham, WA 98225
(360)393-9506
jim at doranlegal.com
www.doranlegal.com


On Wed, Oct 16, 2019 at 1:49 PM Kailei Feeney <kailei at westseattlelaw.com>
wrote:

> Hello Jim,
>
>
>
> I think Mr. Owen’s valid point is that with a real estate contract, the
> seller does not convey a deed to the buyer until all obligations under the
> real estate contract have been satisfied.
>
>
>
> As such, perhaps a deed back to seller is not appropriate (although once
> the contract was rescinded, if the rescission remained private, I could
> certainly see a QCD being used to clear title).
>
>
>
> Regards,
>
> Kailei
>
> Kailei B. Feeney
> *Attorney-at-Law*
>
> 3909 California Avenue SW
>
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> *From:* wsbarp-bounces at lists.wsbarppt.com <
> wsbarp-bounces at lists.wsbarppt.com> *On Behalf Of *Jim Doran
> *Sent:* Wednesday, October 16, 2019 1:25 PM
> *To:* WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
> *Subject:* Re: [WSBARP] Deed in Lieu of Forfeiture
>
>
>
> No.  There is such a thing as a Deed in Lieu of Forfeiture.  I could
> bootstrap a Quit Claim Deed into it.  but I thought a standard form would
> be available.
>
>
>
> Thanks anyway for the thought.
>
>
>
> Jim
>
>
>
>
>
>
>
> James R. Doran
>
> Attorney at Law
>
> 100 E. Pine Street -  Suite 205
>
> Bellingham, WA 98225
> (360)393-9506
>
> jim at doranlegal.com
>
> www.doranlegal.com
>
>
>
>
>
> On Wed, Oct 16, 2019 at 1:16 PM Doug Owens <dougowens at seattlerelawyer.com>
> wrote:
>
> Dear Jim, it seems to me that since the vendee on a real estate contract
> has not previously received a deed that person would be unable to execute a
> deed back to the vendor.  Perhaps a rescission of the contract could be
> executed and recorded.  Just a thought.  Yours truly, Doug Owens
>
>
>
> On Oct 16, 2019, at 11:20 AM, Jim Doran <jim at doranlegal.com> wrote:
>
>
>
> Does anyone have a form for a Deed in Lieu of Forfeiture?  This is a real
> estate contract situation.  Forfeiture not foreclosure.
>
>
>
> Thank you.
>
>
>
> Jim Doran
>
>
> James R. Doran
>
> Attorney at Law
>
> 100 E. Pine Street -  Suite 205
>
> Bellingham, WA 98225
> (360)393-9506
>
> jim at doranlegal.com
>
> www.doranlegal.com
>
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