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Deed Husband Wife Form

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Instructions and help about life estate deed

this is a common oversight that divorce attorneys mess up all the time let's say a couple owns a home and then gets divorced the mortgage is probably in both the husband and the wife's name typically the property either goes to the husband or the wife and the ex-spouse that's not getting the home has to sign a quit claim deed removing themselves from owning the property here's the problem the mortgage is still in both of the parties names and the other person who no longer owns his property will still have a Mortgage Debt on their credit the mortgage company does not recognize a divorce to remove somebody from alone the only way to do that is to refinance that loan or sell the property so when getting divorced the divorce decree should force either a refinance or that the property be sold for more tips follow me

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