Ask Experts Questions for FREE Help !
Ask
    kathy barron's Avatar
    kathy barron Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 1, 2008, 07:06 PM
    Quit claim deed
    If my separated husband signs a quit claim deed does that release him from responsibility from the mortgage also?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    Feb 1, 2008, 07:50 PM
    No, you will have to refinance and get the mortgage out of his name.
    Even after her signs the quitclaim deed, the lender will still hold him liable since he is on the mortgage.
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
    Uber Member
     
    #3

    Feb 2, 2008, 09:24 PM
    He must get off the mortgage or he will be held responsible financially.
    jmfulgham's Avatar
    jmfulgham Posts: 2, Reputation: 1
    New Member
     
    #4

    Feb 5, 2008, 09:46 AM
    Quote Originally Posted by kathy barron
    If my separated husband signs a quit claim deed does that release him from responsibility from the mortgage also?
    Short answer is no: Quit-Claim deed is a legal document w/the County. A mortgage is a legal document/agreement w/the bank.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Special warranty deed and quit claim deed what are they? [ 6 Answers ]

What is the difference bewtween the two and what is the purpose?

Quit Claim Deed/Contract for Deed [ 7 Answers ]

Ok, I have posted before. I had a contract for deed piece of property, and have myself been going back and forth with a lawyer and the client. Trying to make a offer to end this nightmare. I offered them 1000.00 in 10 payments and at the end of that to sign a quitclaim deed or 500.00 and...

Quit-claim deed [ 1 Answers ]

I am on a joint tenancy with a person I am not married to. I have lived in the home for about 14 yrs. With my daughter. He wanted me to have the house and was going to pay it off. He never did but wants to Quit-claim the home to me. We had a lawyer print up the Quit-claim form and we signed it...

Quit Claim Deed or Deed of Gift [ 8 Answers ]

My fiancé and his brother are dividing a couple of properties from their mother's estate. She passed away 6 years ago and they did probate the will during that timeframe. They are trying to establish the best way to divide the property at this time with as little tax penalties as possible. Which...

Corrective Deed, New Quit Claim Deed, or See an Attorney? [ 4 Answers ]

I have a major problem with a quit claim deed that was done regarding my father's property. The intention was to put me in the deed but as an heir to the property, not as a co-owner or anything like that. So, a quit claim deed was filled out and recorded at the clerk of the circuit court. However,...


View more questions Search