Legal Question in Real Estate Law in Oklahoma
Property Settlement
My husband was awarded his home in his divorce settlement in 1998. However, his ex wife's name is still on the title and the home mortgage. I have put a considerable amount of my own money into remodeling this home, and I wonder, if something should happen to my husband, is it possible for his ex wife to come back and ''claim this house as hers? There is a considerable amount of equity in the home. Or, would this house be mine as his heir and legal wife? If not, what legal means can we take to insure my security and the security of our child? The mortgage company will not remove the ex-wife's name from the loan unless she signs some documents which she has refused to do.
Thank you.
Thank you
1 Answer from Attorneys
Re: Property Settlement
Thank your for your question. Typically in a divorce where one party is awarded real property, the other is directed to execute a quit-claim deed of their interest. Normally, the decree will state that if this is not done the divorce decree will operate as a transfer of that interest. I do not have your husbands divorce decree to review so I do not know what it provided. If you are certain he was awarded the home free and clear of all interest she may have then that divorce decree needs to be recorded in the county land records where the property is located. The ex would have no claim to the property if the award was free and clear of her interest unless perhaps he quits paying and the property is foreclosed with the mortgage company seeking judgment against both. I would suggest that your husband and you make a new quit-claim deed to you and him as husband and wife and as joint tenants with right of survivorship.
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