Legal Question in Real Estate Law in Virginia
Gift of deed
I'm going threw a divorce and my husband wants house.We are still paying on it. He says that he can get me of loan by doing a gift of deed is this possible.
Asked on 6/16/09, 8:09 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: Gift of deed
No, not without the permission of the lender who would not likely be willing to release you from responsibility for paying the mortgage on your house.
Answered on 6/16/09, 11:26 pm