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Quit claim

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Icon Mini Profile hadesto8



Joined: 05 Mar 2008

Posts: 2



0.80 Dollars($)

PostPosted: Wed Mar 05, 2008 7:31 am    Post subject: Quit claim

I am in a predicament. I have been married for 5 years. My wife and I searched together and bought a home. I was not put on the title by Mortgage company. I have to signed a quitclaim.

My questions:
1. If we divorce, does she lose all claims on the house because I signed the quitclaim?

2. Is it possible to change that quitclaim? and add my name in the title with exemption community property with right of survivorship?
 
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Icon Mini Profile larry



Joined: 27 Jun 2007

Posts: 2925



406.27 Dollars($)

PostPosted: Wed Mar 05, 2008 12:09 pm    Post subject:

Hi hadesto,

Welcome to the forum.

Whom did you sign the quitclaim deed? Is it that you have quitclaimed it to your wife? If so then she can change and add you in the deed but you cannot do that on your own as you are not the owner of the property now.

Feel free to ask if you have any further questions.

Best of luck,
Larry
 
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Icon Mini Profile jheard
jheard
Moderator

Joined: 12 Dec 2007

Posts: 295
Location: Houston, TX


55.26 Dollars($)

PostPosted: Thu Mar 06, 2008 8:40 am    Post subject:

I don't understand your facts. The mortgage company does not put you on title. You receive title from the seller. The mortgage is separate.

If you signed a quitclaim deed, that does not affect your wife's interest. You can add your name to the title, but I don't know what "exemption community property with right of survivorship" means.
 
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