when you quit claim deed does the other person have to assume the remaining mortgage
Question Details:
Stephen C. Lawson / Stephen C. Lawson, LPA
Answered 3 years ago
This attorney is licensed in Ohio
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No. Your obligation on a mortage payment is not extinguished by signing a quit claim deed. Depending on the reason for the quit claim deed you may have some redress in court.
M.D., Member, California And New York Bar / FreeAdvice Contributing Attorney
Answered 3 years ago|
Contributor
Please see my previous response.
