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Will a quit claim form relieve one from finical responsibility as well as rights to the property?

April 26, 2017Business claim Estate Finance form quit relieve renting

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Will a quit claim form relieve one from finical responsibility as well as rights to the property?

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A quit claim will not release any financial obligations. To do that, you will have to either pay off the bill or refinance it without your uncle. Talk to your current loan agent first – they may be willing to go along with a refinance for you.