Legal Question in Real Estate Law in Michigan
QCD as Assignment of Note
does a quit claim deed serve as an assignment of mortgage note?
Asked on 6/22/09, 1:28 pm
1 Answer from Attorneys
Lesley Hoenig
Lesley A. Hoenig, Attorney at Law
Re: QCD as Assignment of Note
No, you cannot assign a mortgage note by deeding property to someone else. You would still be liable for the mortgage and the receiver of the deed would not be liable.
Answered on 6/22/09, 5:40 pm
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