2 properties owned

The deeds of trust may make you liable to the mortgage company, in order to be financially free from each property you are going to want your name removed from the deed of trust.

P.S. Please feel free to bring up this or any other topic on our live call-in show every Wednesday at 11:00 a.m. EST. Visit radio.rosen.com for details

Helena M. Nevicosi
Attorney with Rosen Law Firm

4101 Lake Boone Trail, Suite 500
Raleigh, North Carolina 27607
919.787.6668 main phone
919.787.6361 main fax

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301 McCullough Drive
Suite 510
Charlotte, NC 28262
Main Phone: (704)307.4600
Main Fax: (704) 9343.0044

Sutton Station
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Durham, NC 27713
Phone: (919) 321-0780


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First let me state … me and the missus ain’t fighting each other

Here’s the situation. Wife and I bought home in '94 in Wake county. We did a refinance last year that put the mortgage in her name only and both names are on the Deed of Trust.

In 2008, I purchased a condo, in Wake county, and moved into it. The mortgage is my name only but of course both names are on the Deed of Trust.

We want her to have the '94 property in its entirety and for me to have the condo in its entirety.

Do the Deed of Trusts tie me to any debt on “her” house or tie her to any debt on “my” condo? I would think not?

Can an amicable separation agreement and 2 quit claim deeds provide each with full separation of the others desired property?