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Mark Nickelson
  • Investor
  • Lake City, FL
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Can a spouse quit claim a property right before selling?

Mark Nickelson
  • Investor
  • Lake City, FL
Posted May 13 2015, 05:35

Hello BP Nation! 

I am working on a deal where the husband and wife owner/sellers are separated but not divorced, the wife says her husband is on board and will sign the papers but won't let me speak with him which has me a little concerned he may go sideways between now and closing. (I'm pretty sure he has a substance abuse issue)

If he were to quit claim the house to her so she had 100% ownership would that raise any red flags with the title or potentially interfere with my deal when we go to close?

The house is not a personal residence and is owned free and clear. FYI..

Thanks in advance!

Mark

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