Legal Question in Real Estate Law in Texas
quitclaim deed
can a property owner assign a quitclaim deed to another party when the property is morgaged,if so what happens to the morgage?
Asked on 9/14/08, 3:05 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: quitclaim deed
Yes. Unless the loan is assumed by the grantee, the property is taken subject to the loan.
Answered on 9/14/08, 4:43 pm