Posted on: 29th Oct, 2007 05:20 pm
my mother want's to transfer the house to my name, but she has some cerdit card debt. i currently have my name on the title with her and i don't have any debt. someone suggested that i use a quitclaim deed form. is this the best action?
thanks
thanks
Hi Sadie,
Yes, a quit claim is the way to go. It is easily found on the web, or even in your local office supply store. Just get it, fill it out, go to your local bank or wherever to sign it in the presence of a notary. Take the completed form down to you local tax office to get it recorded, and you're done.
Your Mom's debt doesn't play a factor into her ability to sign over her half of the house to you. You'll be good to go!
Cheers,
Kim
Yes, a quit claim is the way to go. It is easily found on the web, or even in your local office supply store. Just get it, fill it out, go to your local bank or wherever to sign it in the presence of a notary. Take the completed form down to you local tax office to get it recorded, and you're done.
Your Mom's debt doesn't play a factor into her ability to sign over her half of the house to you. You'll be good to go!
Cheers,
Kim
Hi Sadie,
Kim is absolutely right. And if the house is on mortgage, then quit claim is only option for you to transfer the title. Otherwise, you should consider warranty deed for transferring the title.
Kim is absolutely right. And if the house is on mortgage, then quit claim is only option for you to transfer the title. Otherwise, you should consider warranty deed for transferring the title.
