Posted on: 16th Nov, 2008 10:24 am
Hi. I'm looking into getting a deed with two names on it changed to a deed with just my name. I'm assuming that a quitclaim deed is the best way to go with that. I'm assuming I need a lawyer for this, correct? What kind of fees should I be looking at for the transfer of this deed?
Thanks!!
Thanks!!
I guess I should have added, the mortgage for the house is in my name. Does that make a difference when it comes to the title on the house? Is there more I need to do than the quit claim? Anything with the bank and mortgage?
Hi Kim!
Welcome to forums!
As the mortgage is in your name, I don't think you will face any problem in transferring the property in your name. You can get quitclaim deed forms online but it is always better to draft it by an attorney who help you in understanding the legal terms and conditions.
Once you sign the quitclaim deed, you need to notarize it and record it in the county recorder's office.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
As the mortgage is in your name, I don't think you will face any problem in transferring the property in your name. You can get quitclaim deed forms online but it is always better to draft it by an attorney who help you in understanding the legal terms and conditions.
Once you sign the quitclaim deed, you need to notarize it and record it in the county recorder's office.
Feel free to ask if you have further queries.
Sussane
kim, is it safe for us to assume that the mortgage lender was aware of the joint ownership of the home prior to the granting of the mortgage? if so, then they would have had both of you sign all of the mortgage documents (not the loan documents - don't be confused by the terminology). in that case, you ought to notify them of this ownership change as well.
to answer your original question - the fees you'd be charged for this type of work is something that varies from attorney to attorney; from state to state (recording fees), etc. for a question so specific, you'll need to inquire of the attorneys you might wish to use for this purpose.
to answer your original question - the fees you'd be charged for this type of work is something that varies from attorney to attorney; from state to state (recording fees), etc. for a question so specific, you'll need to inquire of the attorneys you might wish to use for this purpose.
