I have a home that I am on deed and ex-wife is on mortgage al in with me but not deed. If she were to assume mortgage, can I quit deed to her or do we have to do an actual sale?
1 Answer from Attorneys
Assuming the transfer is not in violation of the loan agreement, you can transfer the property to her with a simple quit claim deed. However, the deed needs to be drafted and executed properly and recorded with the local court.