Legal Question in Family Law in Michigan
transferring the title and mortgage
my husband and i are divorcing and im keeping the house its in both of our names we agreed that i would have the house free and clear i want to know what i can do to take his name off the house and title, and or if he can sign a letter stating he relenquishes all rights and responsibilities and future profits from taxes and or sale of the house i will have the letter notorized as well. the mortgage co. might not let me take sole responsibility for the house payment i dont have very good credit but i can afford the mortgage payment thats why i hopefully can just use the signed and notarized letter.
2 Answers from Attorneys
Re: transferring the title and mortgage
He can quit claim the property to you. The mortgage will probably not release him from the mortgage. You can sign a hold harmless agreement with him regarding the mortgage. You should have an attorney draft the Quit Claim Deed and the Hold Harmless Agreement for you. Good luck.
Re: transferring the title and mortgage
This can be handled in the divorce judgment if the proper language is included or by quit claim deed. For more info, please contact my office at (248)851-3171.