HOw do I legally have my name removed from a deed of Trust?

Full question:

I bought a home with someone and as of today I am no long at this address. How do I legally have my name removed from the loan and the deed?

  • Category: Real Property
  • Subcategory: Deeds
  • Date:
  • State: Mississippi

Answer:

To remove your need from the deed you should make a prepare and file a new deed that transfers your interest to the new owner.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

The cost to remove a person from a deed can vary based on several factors, including your location and whether you hire a lawyer. Generally, you may incur fees for preparing the new deed, recording it with the county, and possibly title insurance. On average, these costs can range from $100 to $500. It's advisable to consult with a local attorney for a more accurate estimate based on your specific situation.