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<p>Yes, a title report would be necessary to know if you should even
bother with a deed in lieu. And I would think you would need to
have the title company be involved with the recording process due
to the possibility of late filed judgments, liens and such. I
know title companies are willing to cover such items in ordinary
course transactions, but I don't know the same is true of deed in
lieu transactions. And if they do cover then they would probably
want non-merger language too, so they would have an alternative to
paying off the item, or at least settlement leverage.</p>
<pre class="moz-signature" cols="72">Kary L. Krismer
206 723-2148</pre>
<div class="moz-cite-prefix">On 10/16/2019 2:17 PM, Jim Doran wrote:<br>
</div>
<blockquote type="cite"
cite="mid:CANk51bB6M8VRe53mWgdfMqHE--aJV0XHxLoajjaJwOuyaVH57w@mail.gmail.com">
<meta http-equiv="content-type" content="text/html; charset=UTF-8">
<div dir="ltr">I suggested that the client get a title report
done.
<div><br clear="all">
<div>
<div dir="ltr" class="gmail_signature"
data-smartmail="gmail_signature">
<div dir="ltr">
<div>
<div>
<div>
<div>
<div>James R. Doran<br>
</div>
Attorney at Law<br>
</div>
100 E. Pine Street - Suite 205<br>
</div>
Bellingham, WA 98225<br>
(360)393-9506<br>
</div>
<a href="mailto:jim@doranlegal.com" target="_blank"
moz-do-not-send="true">jim@doranlegal.com</a><br>
</div>
<a href="http://www.doranlegal.com" target="_blank"
moz-do-not-send="true">www.doranlegal.com</a><br>
</div>
</div>
</div>
<br>
</div>
</div>
<br>
<div class="gmail_quote">
<div dir="ltr" class="gmail_attr">On Wed, Oct 16, 2019 at 2:06
PM Kary Krismer <<a href="mailto:Krismer@comcast.net"
moz-do-not-send="true">Krismer@comcast.net</a>> wrote:<br>
</div>
<blockquote class="gmail_quote" style="margin:0px 0px 0px
0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
<div bgcolor="#FFFFFF">
<p>There is the issue of non-merger if there's an unknown
junior interest.<br>
</p>
<pre cols="72">Kary L. Krismer
206 723-2148</pre>
<div>On 10/16/2019 1:52 PM, Jim Doran wrote:<br>
</div>
<blockquote type="cite">
<div dir="ltr">Maybe the good old Quit Claim Deed is the
only assurance that the Seller needs and that's all.
<div><br clear="all">
<div>
<div dir="ltr">
<div dir="ltr">
<div>
<div>
<div>
<div>
<div>James R. Doran<br>
</div>
Attorney at Law<br>
</div>
100 E. Pine Street - Suite 205<br>
</div>
Bellingham, WA 98225<br>
(360)393-9506<br>
</div>
<a href="mailto:jim@doranlegal.com"
target="_blank" moz-do-not-send="true">jim@doranlegal.com</a><br>
</div>
<a href="http://www.doranlegal.com"
target="_blank" moz-do-not-send="true">www.doranlegal.com</a><br>
</div>
</div>
</div>
<br>
</div>
</div>
<br>
<div class="gmail_quote">
<div dir="ltr" class="gmail_attr">On Wed, Oct 16, 2019
at 1:49 PM Kailei Feeney <<a
href="mailto:kailei@westseattlelaw.com"
target="_blank" moz-do-not-send="true">kailei@westseattlelaw.com</a>>
wrote:<br>
</div>
<blockquote class="gmail_quote" style="margin:0px 0px
0px 0.8ex;border-left:1px solid
rgb(204,204,204);padding-left:1ex">
<div lang="EN-US">
<div>
<p class="MsoNormal">Hello Jim,</p>
<p class="MsoNormal"> </p>
<p class="MsoNormal">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. </p>
<p class="MsoNormal"> </p>
<p class="MsoNormal">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).</p>
<p class="MsoNormal"> </p>
<p class="MsoNormal">Regards,</p>
<p class="MsoNormal">Kailei</p>
<p class="MsoNormal"><span>Kailei B. Feeney</span><b><span
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<p class="MsoNormal"> </p>
<p class="MsoNormal"><b>From:</b> <a
href="mailto:wsbarp-bounces@lists.wsbarppt.com"
target="_blank" moz-do-not-send="true">wsbarp-bounces@lists.wsbarppt.com</a>
<<a
href="mailto:wsbarp-bounces@lists.wsbarppt.com"
target="_blank" moz-do-not-send="true">wsbarp-bounces@lists.wsbarppt.com</a>>
<b>On Behalf Of </b>Jim Doran<br>
<b>Sent:</b> Wednesday, October 16, 2019 1:25 PM<br>
<b>To:</b> WSBA Real Property Listserv <<a
href="mailto:wsbarp@lists.wsbarppt.com"
target="_blank" moz-do-not-send="true">wsbarp@lists.wsbarppt.com</a>><br>
<b>Subject:</b> Re: [WSBARP] Deed in Lieu of
Forfeiture</p>
<p class="MsoNormal"> </p>
<div>
<p class="MsoNormal"><span
style="font-size:13.5pt">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.</span></p>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal"><span
style="font-size:13.5pt">Thanks anyway for
the thought.</span></p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal"><span
style="font-size:13.5pt">Jim</span></p>
</div>
<div>
<p class="MsoNormal"> </p>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<div>
<div>
<div>
<div>
<div>
<div>
<div>
<div>
<p class="MsoNormal">James
R. Doran</p>
</div>
<p class="MsoNormal">Attorney
at Law</p>
</div>
<p class="MsoNormal">100 E. Pine
Street - Suite 205</p>
</div>
<p class="MsoNormal">Bellingham,
WA 98225<br>
(360)393-9506</p>
</div>
<p class="MsoNormal"><a
href="mailto:jim@doranlegal.com"
target="_blank"
moz-do-not-send="true">jim@doranlegal.com</a></p>
</div>
<p class="MsoNormal"><a
href="http://www.doranlegal.com"
target="_blank"
moz-do-not-send="true">www.doranlegal.com</a></p>
</div>
</div>
</div>
<p class="MsoNormal"> </p>
</div>
</div>
</div>
<p class="MsoNormal"> </p>
<div>
<div>
<p class="MsoNormal">On Wed, Oct 16, 2019 at
1:16 PM Doug Owens <<a
href="mailto:dougowens@seattlerelawyer.com"
target="_blank" moz-do-not-send="true">dougowens@seattlerelawyer.com</a>>
wrote:</p>
</div>
<blockquote
style="border-top:none;border-right:none;border-bottom:none;border-left:1pt
solid rgb(204,204,204);padding:0in 0in 0in
6pt;margin-left:4.8pt;margin-right:0in">
<div>
<p class="MsoNormal">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</p>
<div>
<p class="MsoNormal"><br>
<br>
</p>
<blockquote
style="margin-top:5pt;margin-bottom:5pt">
<div>
<p class="MsoNormal">On Oct 16, 2019,
at 11:20 AM, Jim Doran <<a
href="mailto:jim@doranlegal.com"
target="_blank"
moz-do-not-send="true">jim@doranlegal.com</a>>
wrote:</p>
</div>
<p class="MsoNormal"> </p>
<div>
<div>
<p class="MsoNormal"><span
style="font-size:13.5pt">Does
anyone have a form for a Deed in
Lieu of Forfeiture? This is a
real estate contract situation.
Forfeiture not foreclosure.</span>
</p>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal"><span
style="font-size:13.5pt">Thank you.</span></p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal"><span
style="font-size:13.5pt">Jim
Doran</span></p>
</div>
<div>
<p class="MsoNormal"><span
style="font-size:13.5pt"><br
clear="all">
</span></p>
<div>
<div>
<div>
<div>
<div>
<div>
<div>
<div>
<p
class="MsoNormal">James
R. Doran</p>
</div>
<p class="MsoNormal">Attorney
at Law</p>
</div>
<p class="MsoNormal">100
E. Pine Street -
Suite 205</p>
</div>
<p class="MsoNormal">Bellingham,
WA 98225<br>
(360)393-9506</p>
</div>
<p class="MsoNormal"><a
href="mailto:jim@doranlegal.com"
target="_blank"
moz-do-not-send="true">jim@doranlegal.com</a></p>
</div>
<p class="MsoNormal"><a
href="http://www.doranlegal.com/"
target="_blank"
moz-do-not-send="true">www.doranlegal.com</a></p>
</div>
</div>
</div>
</div>
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