Re: Should I Sign Quit Claim Deed if Staying on the Mortgage Loan
the only time you should sign any deed in this type of situation is when you are, at the same time (as in a formal closing stetting) also being relieved of any financial obligation for the property involved.
as to getting off the loan: what does the divorce say to the issue? Often times, the person keeping the property is given some specific period of time to refi the property.
and the state this involves is pertinent.
I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.