Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago,
Transfer half of the property through quit claim
Scenario:
The property is located in Georgia, South Carolina, or North Carolina.
Person A owns 50% of the property.
A is the responsible for the mortgage on the property.
Person B owns the other 50% of the property.
B is not responsible for the mortgage AT ALL; he/she's an non-obligated borrower.
If B wants to transfer his ownership to C through quitclaim deed, is there going to be any problems with?
1. The lenders?
2. Title insurance
Any other problems?