Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Real Estate Law (https://www.askmehelpdesk.com/forumdisplay.php?f=29)
-   -   Buying someone out of a deed (https://www.askmehelpdesk.com/showthread.php?t=250532)

  • Aug 19, 2008, 07:18 AM
    suemata
    Buying someone out of a deed
    I bought a house financed under my name and put my partner on the deed. We are no longer together and I want to take her off the deed. How do I go about doing this.
  • Aug 19, 2008, 07:20 AM
    ScottGem
    If the mortgage is totally in your name, then you get her to sign a quit claim deed transferring the property from both names to yours.

    Of course, since she has an half interest in the home, she may want you to buy her out.
  • Aug 19, 2008, 07:21 AM
    rockinmommy
    Are they in agreement to doing it? Or are they wanting to retain their ownership?
  • Aug 19, 2008, 08:15 AM
    suemata
    If she wants me to buy her out what is the process of doing this?
  • Aug 19, 2008, 08:18 AM
    rockinmommy
    The two of you need to reach an agreement. Her signature will be required, so the two of you are going to have to get together on exactly what you want to do.

    Once you have an agreement call a local title company and tell them what you're wanting to do. They'll help you with necessary documents and get everything recorded and filed properly for you. Ask them their fees up front.
  • Aug 19, 2008, 08:19 AM
    ScottGem
    Same as buying any real estate.. You will need to give her a check and she signs the quit claim deed.

  • All times are GMT -7. The time now is 01:42 PM.