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Co-ownership of property, how can I remove my name from mortgage deed and loan deed? |
Co-ownership of property, how can I remove my name from mortgage deed and loan deed? You cannot get your name off the mortgage debt without him refinancing. You can get off of the deed by filing a quit claim deed. However, you would not want to do that until you are off of the debt. If you file a quit claim deed without getting off the mortgage you will simply owe the debt but have no control over the property. Hopefully your ex has good credit. Otherwise, he may have trouble getting the financing. You can't. If you co-signed for money, you are responsible. If you simply want your name off the property - that is unencumbered, a new deed will do. You can sign a document called a Quit Claim. It absolves you of any legal and financial interest you may in a property. Experience |
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