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Posted: Wed Feb 24, 2010 7:36 am Post subject: Deed and Deed of Trust

My name is not on the loan (Promissory Note) with the bank but it is on the deed of trust and the deed. If a quit claim deed is filed to remove my name from the deed will my name also be removed from the deed of trust?

gunzijjistaff · Joined: 07 Apr 2009 Posts: 712 4.51 Dollars($)

Hi,

Your name will remove from deed of trust.

Thanks
Laughing

adonis · Posted: Wed Feb 24, 2010 10:25 pm Post subject:

Hi Guest,

Gunz is not right in saying so. A deed of trust is related to mortgage. Signing a quit claim deed will not release you from your mortgage liabilities. It will only remove your name from the property deed. If the co-borrower of the loan refinances the mortgage in his name, then you would be able to remove your name from the home loan docs.

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Deed and Deed of Trust