Quit Claim Deeds And Mortgage Loan Cosigners

Posted on November 25, 2008 by Ilyce R. Glink

Q: I am a cosigner on a mortgage. Will a quit claim deed remove me from this debt?

A: No. Unfortunately it will not. The debt will remain but a quit claim deed will take away your ownership interest in the property.

Nov. 25, 2008.


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