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Information on quit claim and novation

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jerry Moderator Joined: 17 Oct 2005 Posts: 1754 Location: MICHIGAN 260.24 Dollars($)	Posted: Fri Apr 17, 2009 6:24 am    Post subject: Hi BarbieDahl, You are right. A quitclaim can transfer the title to the property, but it cannot transfer the mortgage. The only way your friend can transfer the mortgage in his name is through a refinance or a novation. There does not seem to be any other option available. Thanks, Jerry

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