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quit claim deed

Posted on: 13th Aug, 2009 01:37 pm
can a mortgaged property be quit claimed to my mother and father? I live in al and I still owe on it, but can I do this , but still be responsible for the loan? Can they have sole interest in the home? This is what I want to do. thanks
ankng3

Welcoem to the forum

You can do quit claim dedd and that will transfer the property interest to your parents

But you will be responsible for the loan

Good luck and feel free to ask
Posted on: 21st Aug, 2009 12:02 pm
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