Posted on: 01st Aug, 2011 05:42 pm
i am trying to sell a house that my ex husband and i own together. during a title search i found out he has tax lien. we can apply for a discharge of the lien,due to the fact there is not equitible value in the home, but to not have to go through all that trouble with the irs, can he do a quit claim deed so that i have sole ownship of the property? and i can sell the property free from any tax liens.
Hi Guest!
Welcome to forums!
Though the property is transferred to you, the tax lien will remain on it. If you try to sell off the property, you will be liable for paying off the tax lien in full.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Though the property is transferred to you, the tax lien will remain on it. If you try to sell off the property, you will be liable for paying off the tax lien in full.
Feel free to ask if you've further queries.
Sussane