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Fill out the quit claim deed. It will not relieve you of your responsibility for the lien and it takes away all of your rights in the property. In most cases the lien will have to be satisfied before the transfer can be completed and any change of ownership recorded.
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∙ 11y ago
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Can an ex-wife place a mortgage lien to the property she already quit claim?
Normaly only if you have not recorded such quit claim...
Can a spouse quit claim a home to the non debtor spouse to prevent a property lien by a judgment creditor in Ohio?
A property lien is an attachment to the property, not the debtor. The answer would be "no", that won't help you get out of paying the debt.
Who can you transfer your home title to?
With a quit claim and the agreement of your mortgage company, you can transfer your home title to anyone. However, if you are carrying the mortgage, there needs to be lien on the title until the loan is paid in full.
If there is a lien holder on the title-how do you get him to sign off?
I'd suggest paying him off and then have him sign a quit claim.
Can the IRS seize property that Quit claim deeded to your spouse?
If they can prove that you quit claimed it just to move it out of reach of creditors, yes. That comes dangerously close to defrauding a secured creditor, especially if they had a lien in place already. If you had a legitimate reason to quit-claim it, you may be able to make an argument.
What happens if a Quit Claim Deed is executed and before it is recorded an Attorney Lien is recorded on the property even though the person owing the debt is the one who executed the quit claim deed?
The lien is valid. A quit claim deed merely transfers the seller's interest in the property; it doesn't guarantee that the deed is free of any encumbrances - for that, one needs a warranty deed.
What is a Claim of Lien in Florida?
A Claim of Lien is a formal and recorded notice that a lien has been placed on property. In Florida, if the lien results from improvement made to a personal residence the lienor may take action to enforce the lien, which can include foreclosure on your home and a forced sale on the court house steps. A construction lien "expires" or becomes unenforceable 365 days after it was recorded. If you receive a Claim of Lien take it very seriously, do not ignore it, speak to a Florida attorney with proficiency in construction law.
Can a home be quit claim deeded to a minor in the state of Michigan?
No. The home could be quit claimed to a trust for the benefit of the minor, but a minor cannot own property.
Quit claim to a family member to avoid forclosure?
Quit claiming title to a family member will not avoid foreclosure because the mortgage lien on the property has not been satisfied and the lender has a claim on the property. It will not cause the foreclosure proceedings on the property to cease and the lender will seek a judgment from the civil court.
Is a lien the same as a claim?
A lien is a claim against the value of property, such as a house or a car. The property cannot legally be sold or transferred without settling the lien.
Can the grantor put a lien on a property if it was transferred via quit claim?
If the owner executed a quitclaim deed he/she is no longer the owner. It is unknown by your question what grounds the former owner would have you have for placing a lien. Unless you were granted a mortgage interest by the grantee you would need a court judgment to obtain a lien.
Does mortgage responsibilty fall on the daughters of their deceased dad if he gave them the house with a quit claim deed?
The mortgage is still a lien against the property. A quit claim deed does not affect the liabilities and liens, which are still the responsibility of the deceased, and therefore, his estate.
