Legal Question in Real Estate Law in Michigan

QCD as Assignment of Note

does a quit claim deed serve as an assignment of mortgage note?


Asked on 6/22/09, 1:28 pm

1 Answer from Attorneys
Lesley Hoenig Lesley A. Hoenig, Attorney at Law

Re: QCD as Assignment of Note

No, you cannot assign a mortgage note by deeding property to someone else. You would still be liable for the mortgage and the receiver of the deed would not be liable.

Read more
Answered on 6/22/09, 5:40 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Michigan