can i sign my house over to my wife in a seperation and what laws r involved?

Answer 1

BE WARNED: What they don't tell you about the Quick Claim Deed is, yes it signs the house over to your spouse, but it is still legally binding and will be on your credit report as in your name also. If she lets the house go into arrears, they can and will go after you for the payments and any bad credit will show up on your credit report regardless. You are only signing away your "interests" in the house by a Quick Claim Deed.

The only way is to have her refinance the house into her name alone and/or sell it to be free and clear.

Answer 2

Yes you can, it is called a "Quit Claim Deed". By doing so, you are relinquishing all your rights to the property. Your wife will be able to sell the house and not give you one cent out ot the sale. But why would you want to do this. Your house is considered marital property and the assets should be shared in equal halves for the both of you. But don't take my word for it, get advice from a divorce attorney. Good luck to you.

Answer 3

I'd check with a lawyer.. I know a co-worker who did that.. and then when they divorced.. She got the house etc.. 400k in equity too.. He walked away with the clothes on his back.. Not sure why you would even consider doing that.. If you have kids.. let them live there until 18.. then if you have to, sell.. Otherwise. You'll be without.. unless your financially well off.. which I wouldn't think so being your seeking advice from Yahoo Answers on this subject.. Good luck

Answer 4

Yep. Get an attorney and sign a quit claim deed. and the house will be hers.

Answer 5

this one easy, my brother been where you at now, an yes you can,,, if the house belong to you an your wife, you will need to go to the court house an sign paper over to her

Answer 6

Most states allow for a "quit claim."

You can do this through your attorney or any reputable notary for cheeper.

Good luck!