Posted on: 26th Apr, 2010 04:38 pm
my girlfriend owns a house with her previous boyfriend and she wants to give up her claim to the house. if she transfers a quit claim deed over to his name will she still be financially responsible? time is of importance (we are relocating from ohio to texas).
Hi lovisnde,
Your girlfriend can transfer the property with the help of a quit claim deed. However, this will not remove her from the mortgage doc. Thus, she would be responsible for the mortgage payments unless her earlier boyfriend refinances it in his name.
Thanks
Your girlfriend can transfer the property with the help of a quit claim deed. However, this will not remove her from the mortgage doc. Thus, she would be responsible for the mortgage payments unless her earlier boyfriend refinances it in his name.
Thanks