Posted on: 02nd Feb, 2006 09:19 pm
i have already had a quit claim deed prepared, signed, & recorded, yet in my divorce proceedings my lawyer is trying to say that i have to have another one signed by the ex and held on file at his lawyers office until the house sells and he gets his half of the equity stipulated by the judge. the house with all the expenses has been given to me. is this true that i have to pay for this service again or is my first quit claim deed still valid?
Hi,
I don't think you should go for another quit claim as your first deed is still valid. The first deed is already recorded, so it will automatically transfer a share of your home equity to your ex. And, since you have the home in your name already, there is no question of paying for the service again.
In case you wish to make any other changes to your property interest, only then you will have to sign a new deed.
Thanks,
Caron.
I don't think you should go for another quit claim as your first deed is still valid. The first deed is already recorded, so it will automatically transfer a share of your home equity to your ex. And, since you have the home in your name already, there is no question of paying for the service again.
In case you wish to make any other changes to your property interest, only then you will have to sign a new deed.
Thanks,
Caron.