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Married with QuitClaim Deed???

Posted on: 03rd Mar, 2012 03:06 pm
I thought my husband and I were purchasing an investment property as a rental which closed this week, however when I went to sign the paperwork, I was told I need to sign a quitclaim deed to the house. One lender said there was a way to have me on the title but not on the mortgage because my husband has the better credit while the the lender we used for the house said that in order to get the loan only my husband can be on the loan and title.

So, now I feel that I was cheated out of this deal and have no claim to the investment.

Can I be added now? In the even of a divorce, will I have any rights to the property if I signed the form?
Hi trnitch,

Unless your name is mentioned on the quitclaim deed, you won't have any ownership rights to that property. You can ask your husband to sign a quitclaim deed and add your name to the property deed. Once your name is added to the property deed, you will be considered as one of the owners of the property.
Posted on: 04th Mar, 2012 08:10 pm
Hi trnitch!

Welcome to forums!

I agree with Adonis. You should ask your husband to sign a quitclaim deed and add your name to the property deed. This will make you one of the owners of the property. In case of divorce, you will be able to claim ownership in that property if your name is added to the property deed.

Feel free to ask if you've further queries.

Sussane
Posted on: 05th Mar, 2012 08:02 pm
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