Legal Question in Family Law in Georgia
Quit Claim Deed on Property
If I am going through a divorce and I sign a quit claim deed, does that release me from the liability as far as the mortgage company is concerned. Would she have to refinance the property into a different loan in order for me to be totally released from all debt and liability.
Asked on 9/13/02, 9:23 pm
1 Answer from Attorneys
Charles W. Field
Charles W. Field, Attorney at Law
Re: Quit Claim Deed on Property
No and Yes. You definitely should make her refinancing a condition of the settlement.
Answered on 9/16/02, 3:58 pm