Posted on: 18th Jul, 2010 06:02 pm
my soon to be exwife is moving to Kentuky and is buying a home. The lender told her sents we are still married I need to sign a Quick claim deed, and when the divorce is final they will take my name off the deed. She also wants me to sign a power of attorney so that she can sign for me when shes down there. Do you think this is wise? Will the deed still be in my name? If so then if something happens will I be liable for the house?
Welcome Steel,
It would have been better if your wife would have purchased the property after the divorce was final. You should first consult an attorney and then sign a power of attorney in your wife's favor.
If your ex-wife transfers the property in her name after the divorce is final, then you won't be liable for the house in any way.
It would have been better if your wife would have purchased the property after the divorce was final. You should first consult an attorney and then sign a power of attorney in your wife's favor.
If your ex-wife transfers the property in her name after the divorce is final, then you won't be liable for the house in any way.