Legal Question in Wills and Trusts in Connecticut
When you quit claim a house does it release you from obligations on the 1st mortgage and 2nd mortgage (equity loan).
Asked on 10/17/11, 7:52 am
2 Answers from Attorneys
Linda Subbloie
Linda A. Subbloie, Esq.
When you quit claim property you merely quit claim title to the property. You are still responsible for any debts on the property such as mortgages and equity lines of credit.
Answered on 10/22/11, 4:51 pm