Posted on: 27th Nov, 2007 02:45 pm
[font=georgia:e749bb10d1][/font:e749bb10d1][color=darkblue:e749bb10d1][/color:e749bb10d1][size=12:e749bb10d1][/size:e749bb10d1] hello, would a quit claim deed be used in a new home purchase after we have been separated for more than a year and living in separate states for 6+ months. is it necessary to even include him in on the purchase? if i am being financed by myself? :?
Hi ShirlAnn,
Welcome to this forum.
You have said that you have been separated for more than a year. Is that mean you have divorced? Now you have purchased a house on your own. So if you wish, you can transfer a certain share of the property to him; but it is not necessary that you have to do that.
If you are married and staying in a community property state, then your husband will get 50% of the property as per the state rule. But you are staying in different states, I do not know if it is applicable or not. I think you can take help from an attorney in this regard.
Thanks,
Larry
Welcome to this forum.
You have said that you have been separated for more than a year. Is that mean you have divorced? Now you have purchased a house on your own. So if you wish, you can transfer a certain share of the property to him; but it is not necessary that you have to do that.
If you are married and staying in a community property state, then your husband will get 50% of the property as per the state rule. But you are staying in different states, I do not know if it is applicable or not. I think you can take help from an attorney in this regard.
Thanks,
Larry
Hello Shirlann,
If you are not including your spouse in the purchase and if he is not on the title, then why would you require a quit claim?
A quit claim deed is used to transfer ownership rights on a property. If he is on the title then he has to sign the deed as the grantor to remove his name from that.
If you are approved for a mortgage based on your credit, then you may not include him for the purchase.
If you are not including your spouse in the purchase and if he is not on the title, then why would you require a quit claim?
A quit claim deed is used to transfer ownership rights on a property. If he is on the title then he has to sign the deed as the grantor to remove his name from that.
If you are approved for a mortgage based on your credit, then you may not include him for the purchase.