Legal Question in Real Estate Law in Georgia
removal
will a quitclaim remove a name off the mortage or deed of this property ?
Asked on 10/10/06, 7:50 pm
1 Answer from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
Re: removal
A Quit Claim deed transfers title. It does not affect a loan on the property (except attempting to tranfer title may cause a default on the loan). One is relieved from responsibility for a loan by paying it off/refinancing in someone else's name.
Answered on 10/10/06, 7:54 pm