Legal Question in Real Estate Law in Illinois

Quit Claim Deed

If residental property is owned in joint tenancy, can one joint owner quit claim property to the other joint owner even though ther is a mortgage?


Asked on 11/26/06, 1:43 pm

1 Answer from Attorneys

Re: Quit Claim Deed

Yes. However if the person quitclaiming is also on the mortgage, he or she is still responsible even if they quitclaimed their interest in the real estate.

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Answered on 11/26/06, 3:04 pm


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