Results 1 to 2 of 2

Hybrid View

  1. #1
    Join Date
    Nov 2005
    Location
    texas
    Posts
    1

    Default quit deed

    If I sign a quit deed and give my ex the house, am I still responsible for the mortgage that is currently under my name?

  2. #2
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

    Default Quit Claim

    Yes. You would need to separately negotiate with the bank to be released from the mortgage, or have your ex- refinance the house so you are no longer on the mortgage.

    1. Sponsored Links
       

Similar Threads

  1. Deeds - Quitclaim: Quit Claim Deed Transfer To A Warranty Deed
    By DavidShannon in forum Real Estate Ownership and Title
    Replies: 2
    Last Post: 01-12-2008, 10:11 AM
  2. Deeds - Quitclaim: Can A Quit Claim Deed Be Used To Release A Deed Of Trust in California
    By titanrocket in forum Real Estate Ownership and Title
    Replies: 1
    Last Post: 01-03-2008, 04:00 PM
  3. Deeds - Quitclaim: Quit Claim Deed Vs. Deed Of Gift
    By ladyinred in forum Real Estate Ownership and Title
    Replies: 1
    Last Post: 12-19-2007, 11:35 AM
  4. Property Division: Quit Deed-Divorce
    By nepadilla in forum Divorce, Annulment and Separation
    Replies: 2
    Last Post: 12-02-2005, 03:21 PM
  5. Property Division: Quit Claim Deed
    By ntiffany in forum Divorce, Annulment and Separation
    Replies: 3
    Last Post: 11-15-2005, 06:39 PM
 
 
Sponsored Links

Legal Help, Information and Resources