Denver Colorado Divorce – Real Estate And Quitclaim Deeds
Posted by Damon L. Chavez on Thursday, July 5th, 2007 at 4:04pm.
My husband wants to quitclaim me off the Deed of our home in Denver, Colorado. What should I do? Most couples think that once a spouse has been quitclaimed off a property deed of trust in Colorado Divorce, they are no longer responsible for the mortgage payments. By giving a quitclaim deed to your spouse, you have given up title only in the property. I would strongly suggest that you either refinance your Colorado real estate immediately or sell the house and forgo the quitclaim deed. The quit-claim deed is often used as a simple way to give up all interest rights in real estate. By giving up title to the property in a Colorado Divorce, you are still responsible for any loan that is in your name. Typically, the spouse that keeps the real estate must…
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