Quit claim and mortgage liability.

[Misook Foley]

If a couple divorces and there is real estate with a mortgage involved, what is the best way to divide the asset? If a quitclaim deed is used, can the bank release the loan to the other spouse? I know that a "subject-to" (sub-to) arrangement might work, but is there a way to release the other spouse from liability when using sub-to, or is refinancing necessary? Can the bank release one spouse from the loan without refinancing?