SPARC Forums
Main Forums => Dear Socrateaser => Topic started by: wldcherry1 on Oct 03, 2004, 05:20:38 AM
Betty was awarded the house in the divorce. Bob signed a Special Warranty Deed giving up all rights to the property. Bob's name is still on the loan.
1. Does Betty need Bob's signature to transfer or refinance the loan?
>Betty was awarded the house in the divorce. Bob signed a
>Special Warranty Deed giving up all rights to the property.
>Bob's name is still on the loan.
>
>1. Does Betty need Bob's signature to transfer or refinance
>the loan?
If the action completely releases Bob from all of his obligations for the loan, then no, otherwise yes.