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will2008
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 Posted: Wed Oct 07, 2009 1:48 pm Post subject: quit claim deed |
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I am not divorced but want my wife to sign a quit claim deed giving the property to me. She is on the deed of trust only and not the note. Will the quit claim deed suffice or should I have a warranty deed prepared? I don't want her to be able to come back later and claim half of any profit should I decide to sell later on.
will2008 |
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 manoj_gopale
Joined: 16 Feb 2009
Posts: 481
0.59 Dollars($)
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| Posted: Wed Oct 07, 2009 2:29 pm Post subject: |
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will2008
Better consult this case with a nearby attorney.He will better guide you as it is the decision which should be taken after consulting various sources.
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sunnyca2009
Joined: 04 Aug 2009
Posts: 1735
35.94 Dollars($)
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| Posted: Wed Oct 07, 2009 6:23 pm Post subject: |
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You can do a quit claim deed and trasnfer the property in your name
But if her name is on the mortgage, that will nto remove her name from the mortgage |
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smithsussane
Joined: 18 Sep 2008
Posts: 4546
Location: Alaska
445.32 Dollars($)
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| Posted: Wed Oct 07, 2009 7:30 pm Post subject: |
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Hi will!
Welcome to forums!
If the property has a mortgage on it, then you will have to go in for a quitclaim deed. Once your wife signs the quitclaim deed and transfers the property to you, it would become your separate property. She won't be able to claim any ownership of the property once she signs the quitclaim deed.
Feel free to ask if you've further queries.
Sussane |
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