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Do you have claim to a house if your name is on deed but you are not married?
Wiki User
∙ 9y ago
You have asked a complicated question.
Many people execute a quitclaim deed to a partner or spouse after they have purchased and mortgaged their property. If that is the case, the original owner should notify the bank of the change in ownership and the bank may require the new co-owner to sign a consent to the mortgage. If the bank isn't notified, you acquired an interest in the property subject to the mortgage and the mortgagor has breached their mortgage agreement with the bank. The bank can demand immediate payment of the balance due on the mortgage and can take possession of the property if the mortgage isn't paid.
Another possibility is that if the mortgage is paid on time and the bank does find out about the transfer to you and notify the mortgagor that they have breached the agreement then you own a half interest in the property.
On the other hand, if two people own property by deed and only one granted a mortgage, the bank has only a half interest in the property. If the mortgage is foreclosed the bank will acquire only a half interest in the property.
Wiki User
∙ 13y ago
Wiki User
∙ 9y agoIf your name is on the deed then you own the property. You do not need to be married to own property. If two people are named on the deed they each own a 50% interest in the property and each have the right to the use and possession of the whole property.
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If you buy a house in someone's name with their permission have they got a claim in the house?
If you bought a house in someone else's name, then the real question is do you have a claim on the house?One can have a claim on a house in several ways.1. Their name is on the deed.2. They are married to someone who's name is on the deed. (community property state)3. They are the bank or lending agency holding the mortgage.4. They have a lien on the house for legitimate money owed.Find out which of those applies to him/her and which applies to you. You may also wish to consult with a local attorney to get more specifc information to your situation.
In ohio if i sign a quick claim deed to land and a house when my name is on the loan what exactly does this mean for me-?
In Ohio, if you sign a quick claim deed to land and a house when your name is still on the mortgage loan, you will still be responsible to the bank.
In ohio if i sign a quick claim deed to land and a house when my name is on the loan what exactly does this mean for me?
In Ohio, signing a quick claim deed to land and a house when your name is on the loan will still make you legally responsible for the loan.
If you paid the equity to your spouse from your divorce and obtain a quick claim deed can his name be dropped from the deed without refinancing?
It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name.
What is another name for a quit claim deed?
a deeda deeda deeda deed
Do you have an attorney for a quit claim deed if you are just changing your name?
Do you have to have an attorney for a quit claim deed if you are just changing your name
Can you quit claim a deed after bankruptcy is discharged?
Yes, because after bk discharge you still own the house . The only way to get out from under the house is to get your name off the deed. Ether by forcloser, short sale, or normal sale. If you can find someone to quit claim deed to that will work also. Because after bk discharge you are not responsible for the mortgage, so if you can get off of the deed you are free.
My husband died five months after marriage who get the house and he had house before we married do I inherit it?
If no one else's name is on the deed you would get it.
Do you need an attorney to remove spouse's name from house deed?
You need the spouse to sign a quit claim deed, which can be prepared by a title company or anyone that knows how to fill out the form.
We have added our daughter to our Deed to our Home, by a QUIT CLAIM DEED. She is given the rite of survivorship& her name shows on the tax rolls. Would this have to go through Probate ?
Yes as the house could still be claim to pay any debts you have.
What kind of deed do I need to add my husband's name to the property?
quit claim deed
I wish to add my wife's name to my deed Do I use quitclaim or Bargain Sale deed?
you can use quit claim deed
