Legal Question in Family Law in Utah

We have been living together 8 years and own a home together. We are splitting up and want to know if one signs a Quick Claim Deed to the other will the one be held responsible if there is a default on the loan by the other?


Asked on 12/06/10, 2:09 pm

1 Answer from Attorneys
Cory Wall Cory R. Wall, Attorney at Law, P.C.

If the loan is in both of your names, it won't matter how title to the house is held. if there is a default on the payments, the lender will come after both of you. I would recommend that whoever gets the house, refinance the loan to get it in their name only.

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Answered on 12/11/10, 4:36 pm


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