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Quitclaim Deed

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RP

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PostPosted: Tue Jul 22, 2008 11:59 am    Post subject: Quitclaim Deed

In aug 2007 I made out a quitclaim deed an put my wife on it. We have been married for 3 year and i have owned the home for 25 year before getting married to he. 7 months after i made out the quitclaim deed my wife filed for divorce. What happens now.
 
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Icon Mini Profile Niicss
Niicss


Joined: 03 Oct 2005

Posts: 1245
Location: New Jersey


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PostPosted: Wed Jul 23, 2008 12:17 am    Post subject:

Welcome RP.

You have added your wife on the deed. So she is also an owner of the property and has all the rights to claim her share or the equity. Is it a mortgaged property and is she also on the mortgage?

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Icon Mini Profile jheard
jheard
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Joined: 12 Dec 2007

Posts: 432
Location: Houston, TX


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PostPosted: Wed Jul 23, 2008 12:50 pm    Post subject:

Did you deliver the deed to your (new) ex-wife? If so, you have given her the house, and you have no claim to it.

If you hadn't and you lived in a community property state, she would only have been entitled to about 10% of the house.

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This is not legal advice and I am not your lawyer. This information is provided for discussion purposes only in this forum. State and local laws may vary. Consult with a local attorney to see how your laws may apply to your specific situation.
 
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