Tax records after a quit claim deed has been filed.

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Icon Mini Profile khrystallana

Joined: 13 Aug 2007

Posts: 1

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Post Posted: Mon Aug 13, 2007 6:01 pm    Post subject: Tax records after a quit claim deed has been filed.

I am going through a divorce and need to remove my name from the property deed and the tax records. Once the quit claim deed has been filed and recorded, will my name be removed from the property tax records? I do not want my credit rating affected in any way. Thank you in advance for this answer.
Icon Mini Profile miller_st

Joined: 17 Jan 2007

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Post Posted: Mon Aug 13, 2007 6:34 pm    Post subject:

Yes Khrystallana after the deed is recorded your name will be removed from the records. Your credit rating is not going to affect because of the property transfer. Credit rating is only affected when the debts are not repaid in time.

Icon Mini Profile larry

Joined: 27 Jun 2007

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Post Posted: Mon Aug 13, 2007 8:37 pm    Post subject:

Hi Khrystallena,

Once you file the quitclaim deed, your name will automatically be removed from the title of the property as well as the property tax records. As after the property transfer you will no longer remain in the title, you don't have to worry of the property tax. And this will not affect your credit score in any way.
Icon Mini Profile Niicss

Joined: 03 Oct 2005

Posts: 5499
Location: New Jersey
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Post Posted: Tue Aug 14, 2007 6:05 pm    Post subject:

After your name is removed from the property records the tax records will be changed so that the dues are sent in the name of new owner. So you need not worry about your name remaining in tax records even after quit claiming the house to spouse.

And I will go with other comments that credit rating is not related to property. Debts you take and how your payments are on those debts decide how your credit score will change.

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