Posted on: 22nd Jun, 2010 10:15 am
hi,
we bought our house with my parent names, my spouse and my names on the title. the mortgage is only with my spouse and my name. can we use a quit claim deed to remove my parents names out ? do i need to re-apply for a new title to obtain full ownership of the house ?
we bought our house with my parent names, my spouse and my names on the title. the mortgage is only with my spouse and my name. can we use a quit claim deed to remove my parents names out ? do i need to re-apply for a new title to obtain full ownership of the house ?
Hi Guest,
Your parents will have to sign a quit claim deed and transfer their share of the property to you and your spouse. Once they do so, make sure to record the deed at the office of the county recorder where the property is located. This will make both of you the sole owners of the property.
Thanks
Your parents will have to sign a quit claim deed and transfer their share of the property to you and your spouse. Once they do so, make sure to record the deed at the office of the county recorder where the property is located. This will make both of you the sole owners of the property.
Thanks