Posted on: 05th Oct, 2009 04:52 pm
If a quit cliam is signed in a community property state, will the grantor spouse still receive half of the property assets?
Hi valarie,
If the grantor spouse is giving away all his rights to the property to the grantee spouse, then he/she won't receive anything from that property. It would be considered as the separate property of the grantee spouse.
Thanks
If the grantor spouse is giving away all his rights to the property to the grantee spouse, then he/she won't receive anything from that property. It would be considered as the separate property of the grantee spouse.
Thanks