14. Deed Transfer

A: My dad told me he was going to put his second house in my name.

B: The one on Bronson Street?

A: Yes, that's the one.

B: Wow, that's a nice house.

A: Yes, it is. He wants me to start taking on more responsibilities.

B: Well, that will do it. It's not easy managing a home.

A: I guess not, but I won't be living in it now.

B: So what's he doing?

A: He's just doing a Quit Claim deed.

B: What's that?

A: It's just a deed transfer changing ownership of the home.

B: It's not a sale?

A: No. It's usually done between family members.