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| Stuart O. Bronstein" <stu[at]lexregia.com> wrote: - quote - > johnd <noemail[at]justpost.news> blurted out
"Removed" contributed to the down payment.> > What are the implications of removing someone from the title > > of a house? > It depends. Why were they on title in the first place? ("Removed" = Person being removed from title.) ("Remainder" = Person remaining on the title.) - quote - > Why are they being removed now?
To legally disassociate themselves from the property.- quote - > Who made the down payment?
See above. But what if one or the other paid all of thedown payment? How would that have changed the situation? - quote - > Who made the mortgage payments?
The "remainder". Again, what if the other paid or it was amixture of both? - quote - > What state do you live in?
CAThanks. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| johnd <noemail[at]justpost.news> blurted out - quote - > What are the implications of removing someone from the title
It depends. Why were they on title in the first place? Why> of a house? are they being removed now? Who made the down payment? Who made the mortgage payments? What state do you live in? Stu << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| "johnd" <noemail[at]justpost.news> wrote: - quote - > What are the implications of removing someone from the title
That depends, a lot. For example who is on the title.> of a house? Legally should they be. Are they willing to be removed. I think a quitclaim is pretty straight forward, but it has to be done by the someone being removed. Jo << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| What are the implications of removing someone from the title of a house? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| gift, house, pay, put, reverse, tax, wife |
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