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helping_user
Joined: 31 Mar 2006
Posts: 815
Location: Hawaii
154.76 Dollars($)
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Post subject: |
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Hi White,
I don't think that is required. If your husband name is not any where related to any mortgage paper then there is no problem. You don't have to quit claim the property to your son.
But if there was a mortgage and your husband has made the payment against the debt in past, then he may claim the share on the property in future. But just transferring the interest to your son, you cannot protect that. Because, in that case since he has made the payment, he will get the legal right to claim.
Thanks |
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Sally
Guest
0.10 Dollars($)
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Post subject: QCD |
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| My mother signed a QCD as grantee on my uncle's property. Is she legally the owner of the property? My uncle still has a loan on the property and my mother has been paying it. Does she need to refinance the loan with the lender or a new lender? |
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guess
Guest
0.10 Dollars($)
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Post subject: deed |
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my husband and I own a home that our son has been living in and paying rent for 18 years. we would like to just sign it over to him. it is paid for.
would a quit claim deed be the best way? |
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JClark
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0.10 Dollars($)
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Post subject: |
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Hi,
| Quote: | my husband and I own a home that our son has been living in and paying rent for 18 years. we would like to just sign it over to him. it is paid for.
would a quit claim deed be the best way? |
Yes quit claim deed can be used in your situation.
As it is a inter-family transfer, this type of deed is mostly used. Also as there are no mortgage on it the transfer will be quite simple. |
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hermet
Guest
0.10 Dollars($)
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Post subject: |
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Sally, as the property was transferred to your mother through a quit claim deed, she has become the owner of the property.
The other thing is that, the property still has a mortgage on it. Was the lender informed that the property was transferred in your mother's name?
It must be that the lender is not aware of the transfer. And as your mother is paying for the mortgage, it should be refinanced in her name.
| Quote: | | Does she need to refinance the loan with the lender or a new lender? |
The lender will normally agree to refinance it but you can very well select a new lender if you get better terms from a different lender. |
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TBerg
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Post subject: Probate |
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I've filed closure of probate estate, question is, my husband and I bought
the estate from my siblings and have paid them off, with them signing a
form of full distribution of estate...How do I go about getting all property
in my name? I have 3 deeds...I know there is no lean on any of it, is it
wise to just quick claim deed to my name? |
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ranberg
Guest
0.10 Dollars($)
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Post subject: |
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Hi TBerg,
If you had purchased the estate from the siblings then the property rights are in your name and you do not have to make any quit claim deed. |
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Samantha
Community Mentor
Joined: 16 Sep 2005
Posts: 1597
Location: MASSACHUSETTS
148.36 Dollars($)
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Post subject: RE: transfer estate in a single owner's name |
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Hi Tberg,
If you wish to get the property in your name, you need to convince your husband to sign over a quit claim deed and transfer the ownership rights to you. But I cannot make out what you mean by the three deeds. If you can give some more information about the types of deeds you have in your name, then perhaps I can give you a better suggestion.
God bless you
Samantha
_________________
Know how to compare lenders with mortgage booklet |
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anonymous person 2
Guest
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Post subject: Quit Claim Deed |
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| My parents divorced 10 years ago and in the divorce papers she was awarded the house which is now paid for. His name is still on the Deed. What would be the easiest and quickest way to remove his name from the title. |
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sara
Moderator
Joined: 05 Jul 2006
Posts: 1651
Location: New Brunswick, New Jersey
308.83 Dollars($)
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Post subject: RE: Easiest way to remove name from title |
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Hi Guest,
You can have her sign a quit claim deed and remove her name from the deed. She will be the grantor and the person to whom she hands over the property will be the grantee as stated in the deed.
Thanks,
Sara |
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Alacia
Guest
0.10 Dollars($)
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Post subject: Quit claims and mobile homes |
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| My parents have a mobile home but do not own the property that it sits on. Would a quit claim be helpful for them? |
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frop12
Guest
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Post subject: |
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Hi Alacia,
If the person who owns the property is willing to transfer it to your parents then a quit claim deed can be used. |
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sara
Moderator
Joined: 05 Jul 2006
Posts: 1651
Location: New Brunswick, New Jersey
308.83 Dollars($)
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Post subject: RE: quit claim on mobile home |
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Hi Alacia,
Your parents can quit claim the mobile home as they are the owners. But they cannot quit claim the land on which the mobile home is placed. This is because the land is not owned by your parents.
Thanks,
Sara |
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Chris
Guest
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Post subject: Quick Claim Deed |
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| My father & mother signed a quick claim deed to me (daughter) and it was placed on my name even though I'm married. Does my husband have rights to this home if we were to divorce? |
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Roger. G
Guest
0.10 Dollars($)
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Post subject: |
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| If the quit claimed is in your name, then your husband will not have rights to it. But thsi will depend more on the divorce decree that the court provides. |
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