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Property Dilemma

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Becky

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Post Posted: Thu Feb 11, 2010 3:24 pm    Post subject: Property Dilemma
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I was married to my husband in 2006 and he owned our home before our marriage. For personal reasons we never put my name in the title or the deed or the mortgage. My husband also took homestead exemptions and we live in Florida. Now its time to sell the house and the title company wants me to sign a warranty deed since homestead exemption requires a spouse to sign the deed. Can I sign a quitclaim deed instead? If I do end up signing the warranty deed, will my name also show up on the HUD statement?

Any help will be appreciated.

Thank you

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Icon Mini Profile smithsussane
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Post Posted: Thu Feb 11, 2010 8:31 pm    Post subject:
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Hi Becky!

Welcome to forums!

I would suggest you to contact a real estate attorney and take his opinion in this regard. He would help you know whether or not you should sign the warranty deed or the quit claim deed. He will also let you know whether or not your name will show up on the HUD statement.

Feel free to ask if you've further queries.

Sussane
Icon Mini Profile gmakerley
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Post Posted: Fri Feb 12, 2010 10:08 am    Post subject:
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in the sale of a home, a quit claim deed is something that won't necessarily properly transfer ownership. a buyer wants a warranty deed to ensure that what's being purchased is free of liens and any other claims.

it occurs to me that you won't have much luck in trying to substitute the quit claim for the warranty. that's not to say you can't check further into it.

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