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financial responsibility

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Guest	Posted: Wed Oct 21, 2009 1:54 pm    Post subject: financial responsibility Like 0 Dislike 0 If I signed a quit claim deed on a timeshare condo, am I liable for unpaid taxes or maintance fees attached to the property?
smithsussane Joined: 18 Sep 2008 Posts: 10045 Location: Alaska 921.83 Dollars($)	Posted: Wed Oct 21, 2009 7:41 pm    Post subject: Like 0 Dislike 0 Hi Guest! Welcome to forums! You'll have to clear off the unpaid taxes and maintenance fees attached to the property when you owned it. If you've not cleared them, then the new owner of the property would ask you to clear it off. Feel free to ask if you've further queries. Sussane
guestwithquestion Guest	Posted: Thu Oct 22, 2009 7:33 am    Post subject: financial responsibility Like 0 Dislike 0 If this is a divorce situation with the lawyer writing a letter stating that the quit claim is signed with the condition that the unpaid fees are not my responsibility, is that a legal way to avoid the fees? Can I then be released of this debt?
adonis Joined: 22 Oct 2005 Posts: 10267 Location: ALASKA 1046.07 Dollars($)	Posted: Thu Oct 22, 2009 10:58 pm    Post subject: Like 0 Dislike 0 Hi Guest, If the court has given a ruling that you should not be held liable for the late fees, then I don't think the lender can make you liable for the dues. In my opinion, you will be released from the debt. _________________ Procrastination is the enemy of your financial success

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