Posted on: 28th Jun, 2010 12:40 pm
my mother's name is on my sister's house. my mother was shopping for better home owner insurance when she was told that she had 2 claims. the claims were on my sister's house not my mother's. my mother wants her name off of all documents concerning my sister's house. what should she do. is quit claim the anwser or should my sister refinance to get my mother's name off?
thank you
thank you
Hi Guest!
Welcome to forums!
If your mother's name is only on the property deed of your sister's house, then she will have to sign a quit claim deed in your sister's name and transfer the ownership of the property to her. If your mother's name is on the mortgage, then your sister needs to refinance the loan in her name in order to release your mother from the mortgage liabilities.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
If your mother's name is only on the property deed of your sister's house, then she will have to sign a quit claim deed in your sister's name and transfer the ownership of the property to her. If your mother's name is on the mortgage, then your sister needs to refinance the loan in her name in order to release your mother from the mortgage liabilities.
Feel free to ask if you've further queries.
Sussane