Welcome New User! ( Create Account | Sign In )

This is answer 3 / 4

View All Answers for What is the purpose of a quick claim deed

Question

Submitted 163 days ago...

Adaptor787

Adaptor787

New User (2)

What is the purpose of a quick claim deed

My husband just purchased an investment property and I was made to sign some forms because of our marriage (Alabama law?) then I was told if I have no interest in the propery and want to assume no liability I should complete a quick claim deed. The loan was solely taken out by my husband.

 
Answer
 

Submitted 157 days ago...

Adaptor787

Adaptor787

New User (2)

I did not sign a note. I signed a few documents that were told had to be signed based on Alabama Law. i didn't understand why but i know I did not sign the note. What forms are a spouse legally obligated to sign? i questioned the closing agents and was told that it was the law and would give me ownership in the even something happened to my spouse. i want to make sure I will not be obligated to pay the loan if something happens to my spouse. He assured me but I question this process. Do I have any obligation for the note if I didn't sign a note even if I'm the spouse?

 

Answer This Question Now

If your Answer is chosen as the “accepted” answer, you will earn ongoing royalties on this thread.
Simply type your Answer in the box below and post your answer.

Email Subscriptions

Author adds clarification

All new responses

Related Questions
 

This Question has not been awarded yet.

Post your answer now!