Legal Question in Real Estate Law in New Jersey
Is it possible to use a quitclaim deed to transfer title from one spouse to another and still have the two names on the mortgage?
Asked on 11/10/09, 2:16 pm
1 Answer from Attorneys
John Corbett
Corbett Law Firm LLC
Doing that is probably and act of default under the mortgage and the lender may foreclose the property.
See also: http://info.corbettlaw.net/lawguru.htm
Answered on 11/15/09, 4:47 pm
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