Legal Question in Real Estate Law in Florida
quitclaim deed
in transfering a house from parent to child, can the quitclaim deed be done before a refinance or payoff of existing mortgage?
Asked on 2/03/09, 5:39 pm
1 Answer from Attorneys
Brent Rose
The Orsini & Rose Law Firm
Re: quitclaim deed
A quitclaim deed can be done at any time, but if it is done before the mortgage is paid off, it may violate the mortgage contract, possibly leading to foreclosure.
Answered on 2/03/09, 11:46 pm