Quitclaim Deed Remove Signature For Free

If you die owing money on a mortgage, the mortgage remains in force. If you have a co-signer, the co-signer may still be obligated to pay back the loan. A spouse or other family member who inherits a house generally has the right to take over the payments and keep the home.

Here are your rights if your name is on the deed, but not the mortgage: Ownership Rights: Your name on the deed means you are a legal owner. You have the right to live in the home, rent it out, sell your share, or even refinance it.

Signing Requirements: Kansas Statutes Sections 58-2205, 58-2209, and 58-2211: Kansas law requires a quitclaim deed to be signed by the grantor and acknowledged by a notary public, county clerk, register of deeds, mayor, or city clerk.

There are two ways to remove an ex-spouse from a loan: Release and refinance. A lender may release the ex-spouse from the loan. If presented with a divorce decree and a quitclaim deed, many lenders will remove the ex-spouse and leave the loan in the name of one spouse only.

Refinancing is the best way to take a person's name off a mortgage. Depending on your lender, it may be the only way. If you have sufficient equity, credit, and income ? and your ex-partner agrees to give you the house ? you should be able to refinance your current mortgage in your name only.

The way a quitclaim deed works is that this type of transfer makes no seller guarantees. It merely states that the seller transfers any ownership interest to the buyer. So if the seller has absolutely no ownership interest in the property, that's precisely what transfers in a quitclaim deed to any buyer.

If your name is on the deed but not the mortgage, it means that you are an owner of the home, but are not liable for the mortgage loan and the resulting payments.

If your names appear on the deed, you own the property if one of you dies. You are not liable for the mortgage loan if you do not have a mortgage. However, if your spouse dies, you inherit their interest in the property. The mortgage lender can evict you if you default on mortgage payments.

Quitclaim Deed California Once you have filled out a California quitclaim deed, you will need to get it notarized. Next, you will need to need to visit your appropriate local government office to file some paperwork.

If you draw up a valid quit claim deed and record it, you cannot "reverse" the transfer of property interest unless you prove to a court that it resulted from fraud or other illegal influence.