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What is the best way to remove a co-owner (not a spouse) from a deed in the state of Texas?

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carolsustala Joined: 18 Sep 2008 Posts: 1 1.45 Dollars($)	Posted: Thu Sep 18, 2008 2:08 pm    Post subject: What is the best way to remove a co-owner (not a spouse) fro Like 0 Dislike 0 Hello, What is the best way to remove a co-owner (not a spouse) from a deed in the state of Texas?..My sister is co-owner of a home with another individual and they also are both on the mortgage loan. Although they are not married they were in a same-sex relationship that has been dissolved. They have agreed that my sister will "get" the home as she has solely been making the payments on it even though both names are on both the deed and mortgage. What is the best way to transfer the deed in to her name only and ensure that she is protected against the other individual changing her mind later? Thank you
Susanne Guest	Posted: Thu Sep 18, 2008 8:23 pm    Post subject: Like 0 Dislike 0 Hi carolsustala! If your sister wants to transfer only the deed in her name, then she can sign a Quitclaim Deed and ask the co-owner to give away all her interests in the property. However, if she also wants to transfer the mortgage in her name, then she should follow the process of Novation. A consultation with the lawyer will help you know the legal procedure for this.
jerry Moderator Joined: 17 Oct 2005 Posts: 2708 Location: MICHIGAN 429.63 Dollars($)	Posted: Fri Sep 26, 2008 2:28 am    Post subject: Like 0 Dislike 0 Hi carolsustala! Quitclaim deed, in my opinion, is the best way to transfer the property in your sister's name. If the property has mortgage, then your sister can go for refinance. Thanks, Jerry
kbutterfly2 Guest	Posted: Tue Jan 06, 2009 8:09 am    Post subject: Quit Claim Deed Like 0 Dislike 0 If a person uses the Quit Claim Deed wouldn't the other person who's name is being removed still be responsible for the property if the other person that is left on the deed devolts? Thanks.
Niicss Joined: 03 Oct 2005 Posts: 4834 Location: New Jersey 508.88 Dollars($)	Posted: Wed Jan 07, 2009 3:12 am    Post subject: Like 0 Dislike 0 Hi kbutterfly If a person's name is removed from a property deed, then he will not be the owner of the property anymore. However, if that person's name is in the mortgage docs, then he/she will still be liable for paying the mortgage payments. Thanks. _________________ Good is the Enemy of Great.
Been there finished that Guest	Posted: Tue Apr 28, 2009 12:07 pm    Post subject: Like 0 Dislike 0 I used a Special Warranty Deed, the property was transferred to my name as well as his name was removed from the loan.

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