Home arrow Mortgage Forums arrow Deeds, Property Transfer and Estate Planning arrow

Transfer property from Ex-Wife..

Author Message
Icon Mini Profile aksh12th





Joined: 30 Jun 2009

Posts: 49

0.28 Dollars($)
Post Posted: Fri Jul 03, 2009 7:08 am    Post subject: Transfer property from Ex-Wife..
Like 0
Dislike 0

Situation is:

My friend has some property like home,Land.but some property has his ex-wife name . He want to transfer this property from her name to his name. when he ask for this to her she refuses.

For this situation he can go throuth the court ?
Or any other way to transfer property from her name.??

Thanks
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10250
Location: ALASKA
1043.57 Dollars($)
Post Posted: Fri Jul 03, 2009 7:51 pm    Post subject:
Like 0
Dislike 0

Hi aksh,

There are two things your friend can do. Your friend can either buy out his ex-wife. He can offer a certain amount to his ex-wife and ask her to transfer the property to him. If she is not ready to do so, then your friend can file a partition law suit. The court will look into the matter and pass a judgment to sell off the property. Once the property is sold off, the sale proceeds will be used to pay off the mortgage. If there remains an excess amount, then it'll be divided between your friend and his ex-wife.

_________________
Procrastination is the enemy of your financial success
Icon Mini Profile jheard
jheard
Moderator



Joined: 12 Dec 2007

Posts: 734
Location: Houston, TX
116.72 Dollars($)
Post Posted: Sat Jul 04, 2009 6:51 am    Post subject:
Like 0
Dislike 0

Assuming he has a divorce judgment awarding him the property, he can go to court and get an order. Then, record the order in the county recorder's office. This should remove the ex-wife from title.
_________________
Disclaimer: This is not legal advice and I am not your lawyer. The information provided in this forum is for discussion purposes only, and is no substitute for an in-person consultation with an attorney who can analyze all of the facts and determine how your state and local laws may apply to your specific situation.
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Refinance Quotes
Call for Rates
888-485-7561
Speak to a lender now.

We will match calls to our toll free number with our network of lenders.

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






Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.186 seconds.