When a mortgage is executed it requires the signing of a promissory note and a deed of trust which secures the mortgage companies interest in this property. If your name is on the deed then both parties need to sign the deed of trust. In some instances the mortgage company will not remove you from the deed of trust in the future without another refinance. If you are considering executing a quit claim deed, you should consult with an attorney before doing so.
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
Charlotte Office
301 McCullough Drive
Suite 510
Charlotte, NC 28262
Main Phone: (704)307.4600
Main Fax: (704) 9343.0044
Durham & Chapel Hill Office
1829 East Franklin Street
Building 600
Chapel Hill, NC 27514
(919) 321.0780
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