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What responsibility does a quitclaim deed remove from an ind

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druthgreen88 Joined: 18 Aug 2008 Posts: 1 1.26 Dollars($)	Posted: Mon Aug 18, 2008 9:15 am    Post subject: What responsibility does a quitclaim deed remove from an ind Like 0 Dislike 0 Divorce---wife wants husband to quitclaim deed the house to her,,,what responsibility will he have if she faults? Will his name remain on the contract thru the finance company? Thanks
laphillips Community Expert Joined: 10 May 2008 Posts: 134 Location: Yucaipa, CA 33.92 Dollars($)	Posted: Mon Aug 18, 2008 12:40 pm    Post subject: Like 0 Dislike 0 Hello druthgreen88, A quit claim deed only transfers the interests in real property it DOES NOT change any responsibility as far as the mortgage is concerned. _________________ Lynnette Phillips Loan Officer/Realtor, Foreclosure Consultant Home Pride Mortgage My Blog: http://activerain.com/helpingufindaway My website: http://lynnettephillips.com **This is not intended as legal advice. I am not an attorney.**

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