Posted on: 25th Jul, 2012 02:23 pm
I am about to file for a divorce. The mortage loan and deed is in my name alone. Can I quitdeed my house to my parents before I file for my divorce and it not be considered community property? We have only been married for 4 years, no children together but I do have 2 from a previous relationship. He miss treats my kids and hate them being at the house. The land was in my parents name before I built the house on it.
Hi Redbone!
Welcome to forums!
Transferring quitclaim deed just before the divorce proceedings may be considered as fraudulent. So, before taking any such steps, you should contact an attorney and take his opinion in this regard. If the real estate attorney allows you to do so and specifies that there are no legal hassles involved in it, then you can go ahead with the property transfer.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Transferring quitclaim deed just before the divorce proceedings may be considered as fraudulent. So, before taking any such steps, you should contact an attorney and take his opinion in this regard. If the real estate attorney allows you to do so and specifies that there are no legal hassles involved in it, then you can go ahead with the property transfer.
Feel free to ask if you've further queries.
Sussane
Hello Redbone,
Well ...it is important to be smart about which form of deed you will be using and signing whether you are a seller or a buyer. Know what the potential risks are and the protections that are being offered by the deed so as to better be prepared.
:idea:
Well ...it is important to be smart about which form of deed you will be using and signing whether you are a seller or a buyer. Know what the potential risks are and the protections that are being offered by the deed so as to better be prepared.
:idea:
