Posted on: 08th Jan, 2008 12:42 pm
my mom is co-named on my deed of my tennessee home. she is terminally ill and i would like to have her name removed from the deed. i would like to protect my asset in case the cost of medical care goes off the charts. will the quit claim deed be the best way to do this? any other things to be careful of when dealing with medicare.
thank you! cynthia
thank you! cynthia
Hello Kelty,
It is unfortunate to hear of your mother.
You may use a quit claim deed to remove your mother's name from the title of the property. The deed has to be notarized and recorded at the County Recorder's Office in order to make that valid.
You may consult an attorney and take legal assistance from him if that is required.
It is unfortunate to hear of your mother.
You may use a quit claim deed to remove your mother's name from the title of the property. The deed has to be notarized and recorded at the County Recorder's Office in order to make that valid.
You may consult an attorney and take legal assistance from him if that is required.
Hi Kelty,
Welcome to the forum.
Jenkin has given you sound information. Quitclaim deed is good enough to fulfill your requirements. You mother will have to sign the deed as a grantor to transfer the property to you.
There is an article regarding quitclaim deed in this site. You can check this out to understand better at - http://www.mortgagefit.com/quitclaim-deed.html
Hope this help you.
Feel free to ask if you have any further questions.
Best of luck,
Larry
Welcome to the forum.
Jenkin has given you sound information. Quitclaim deed is good enough to fulfill your requirements. You mother will have to sign the deed as a grantor to transfer the property to you.
There is an article regarding quitclaim deed in this site. You can check this out to understand better at - http://www.mortgagefit.com/quitclaim-deed.html
Hope this help you.
Feel free to ask if you have any further questions.
Best of luck,
Larry
If there is no mortgage on the home then yes, you can have her quit claim the property into just your name.