Posted on: 30th Nov, 2009 09:33 am
Hi,
I have another 3 properties. 2 in TX and 1 in AZ. The title and deed for these 3 properties are under both husband and wife. But, mortgage name is under wife for all 3. My Questions:
1) If my husband decides to remove his name out from title or deed. what he has to do.
2) Any fees will be involved to remove the name out from deed or title?
3) After he remove the name out from title or deed. Is there is anything that he need to involve if I sell the properties in future?
4) The title and deed is under one thing or two different issue?
Please advise. Thanks
I have another 3 properties. 2 in TX and 1 in AZ. The title and deed for these 3 properties are under both husband and wife. But, mortgage name is under wife for all 3. My Questions:
1) If my husband decides to remove his name out from title or deed. what he has to do.
2) Any fees will be involved to remove the name out from deed or title?
3) After he remove the name out from title or deed. Is there is anything that he need to involve if I sell the properties in future?
4) The title and deed is under one thing or two different issue?
Please advise. Thanks
Hi jojo,
If the husband wants to remove his name from the property deed, then he will have to sign a quitclaim deed in his wife's favor. The husband will be liable for deed recording fees, transfer fees etc. As the husband's name is not on the mortgage docs, he won't be responsible for the property in anyway once he remove's his name from the property deed. He won't have to sign any document in future when the property is sold off.
Thanks
If the husband wants to remove his name from the property deed, then he will have to sign a quitclaim deed in his wife's favor. The husband will be liable for deed recording fees, transfer fees etc. As the husband's name is not on the mortgage docs, he won't be responsible for the property in anyway once he remove's his name from the property deed. He won't have to sign any document in future when the property is sold off.
Thanks
i owned the home that my husband live in now proir to us marrying. we live in texas. we refinance after we married, however the title was never changed into both of our only the loan. is the bank at fault for never changing the deed? my husband thinks that they are liable of some community property error.
hi guest,
as your husband's name is not on the property deed, he will not be able claim the community property interest. in order to get a community property interest, his name should be both on the mortgage and property docs and the mortgage dues should be paid off from the community funds. if you want to add your husband's name to the property deed, you will have to sign a quit claim deed. in this deed, you will be the grantor of the deed and both of you will be mentioned as the grantee to the property deed.
as your husband's name is not on the property deed, he will not be able claim the community property interest. in order to get a community property interest, his name should be both on the mortgage and property docs and the mortgage dues should be paid off from the community funds. if you want to add your husband's name to the property deed, you will have to sign a quit claim deed. in this deed, you will be the grantor of the deed and both of you will be mentioned as the grantee to the property deed.