Posted on: 17th Sep, 2010 11:32 am
to adjust the terms of our home loan, our lender has required us to take out house out of our revocable trust and put it in our names. would a quit claim deed handle this? also would a quit claim be the form to put the house back into the trust after we refinance? we are in arizona...thanks
Hi skraft,
You can use a quit claim deed in order to remove your property from the Revocable Trust. Once you refinance the property, then you can again use a quit claim deed to place the property back into the Revocable Trust.
Thanks
You can use a quit claim deed in order to remove your property from the Revocable Trust. Once you refinance the property, then you can again use a quit claim deed to place the property back into the Revocable Trust.
Thanks