Posted on: 13th Apr, 2010 04:03 pm
I am on a deed but not the mortgage. The other person on the deed holds the mortgage. By signing a quit claim
I can walk away from this property, correct?
I can walk away from this property, correct?
Hi lucieth,
As your name is only on the property deed, you can sign a quit claim deed and transfer the property to the other owner. Then, you won't remain the owner of the property and can walk away from it.
Thanks
As your name is only on the property deed, you can sign a quit claim deed and transfer the property to the other owner. Then, you won't remain the owner of the property and can walk away from it.
Thanks