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timeshate/quit deed

Posted on: 30th Mar, 2010 04:11 pm
is a quit deed a good and legally binding way to get rid off any responsibilities for my timeshare?
hi eduardo,

a quit claim deed will help you in transferring the property from one person to another. however, if there is a mortgage on the property, then it will still remain in your name though you sign the quit claim deed form. your name will be removed from the mortgage only when the new owner of the property refinances it in his/her name.
Posted on: 30th Mar, 2010 08:54 pm
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