Legal Question in Real Estate Law in Pennsylvania
I have a house with an ex wife I wish to have my name removed from the morage i have not lived in the home since 1996 would a quit claim deed work for me or is there another way to do this?
Asked on 9/15/09, 10:01 am
2 Answers from Attorneys
Michael Berman
Law Offices of Michael A. Berman
The ownership of the property (deed) and the obligation to repay the debt (mortgage) are separate...when were you divorced and why wasn't anything done about the property at that time?
Mike Berman
Answered on 9/20/09, 8:27 pm
John Davidson
Law Office of John A. Davidson
The document you want your name off of is the Promissory Note. Its the paper the obligates you to pay back the loan.
The only way to do this is to have your house refinanced in her name only.
{John}
Answered on 9/21/09, 8:36 am