Legal Question in Real Estate Law in Florida
I purchased a timeshare a few years ago in Florida with my ex-girlfriend as a joint-owner on the deed. We have since separated and I have assumed payments for several years and have been the only one to utilize the property. I would like to have her name removed from the deed, but the timeshare company will not allow it until they are paid in full. Would a quitclaim deed be the way to go to remove her from the real estate interest until I can remove her name completely? I strongly believe she would sign a quitclaim deed to release herself from any responsibility. Any help with this matter would greatly be appreciated.
3 Answers from Attorneys
Yes. She must deed her interest to you. Check with the time share to see if they require anything else.
However, signing a Quit Claim Deed will not remove her financial obligation to the debt if it was in both names, you would have get the time share to agree to refinance the debt and remove her name.
If you received the property by deed, then she can deed her interest to you. Make sure you have an attorney review your paperwork and prepare the deed.
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