transfer of property

Author Message
Icon Mini Profile lemusbbkkd




Joined: 29 May 2009

Posts: 1

1.32 Dollars($)
PostPosted: Fri May 29, 2009 6:49 am    Post subject: transfer of property

My father bought several properties a few years ago. In 2005 the first property he bought he put my husband and I on the quit claim deed. He wanted to gift us the property. Now my husband and I have moved out of the property at my father's request and I need to get off the quit claim deed. How do I do that? We are not on the mortgage loan. The property is in Miami, Florida.
Icon Mini Profile Realgeni




Joined: 13 Apr 2009

Posts: 1434

99.77 Dollars($)
PostPosted: Sat May 30, 2009 10:23 am    Post subject:

lemusbbkkd all you need to do is qive your fahrer a quit claim deed.

since you are not on the loan, you are safe and will not have any impact on your Credit score if he stops making paymnets.

good luck and feel free to ask any questions.
Icon Mini Profile jameshogg
jameshogg



Joined: 20 Dec 2005

Posts: 4189
Location: nevada
492.91 Dollars($)
PostPosted: Sun May 31, 2009 9:28 pm    Post subject:

Hi lemusbbkkd,

You'll have to sign a quitclaim deed in your father-in-law's name in order to remove your name from the property deed. Once the deed is filled out, notarize and record it at the county recorder's office.

Thanks
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Ask Questions
Community Attorney
Joshua Heard - Attorney Joshua Heard
Houston, Texas






Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






DebtConsolidationCare    Insurance community: We Make You Insurance Smart    CreditMagic: Helping you build up credit


We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0