Posted on: 11th Jan, 2011 11:41 am
with my divorce the deed to the home was transferred through the court into my name. the mortgage loan however is still in both of our names and in good standing. i am unable to refinance a this time but have been told that i need a 'quit claim deed' from my ex to sign off on the property. i'm confused as to what this actually means. i thought that when i received the deed with only my name on it that he was no longer entitled to the property
Hi nawny,
Absolutely. Once you received the deed with only your name on it, then it means that you are the sole owner of the property. There is no need to get another quitclaim deed signed from your ex. Nevertheless, it will be a better option to contact a real estate attorney and take his opinion in this regard.
Absolutely. Once you received the deed with only your name on it, then it means that you are the sole owner of the property. There is no need to get another quitclaim deed signed from your ex. Nevertheless, it will be a better option to contact a real estate attorney and take his opinion in this regard.