Can house be transferred without having a sale

Question

if a couple is divorced, and wife gets the house and husband is responsible for the mortgage. can the ex-wife transfer the house back to the ex-husband without doing a house sale. basically, i want to find out if ex-husband can have the house if wife is willing to give it up. thanks

Answer 1

yes it can be done....an easy way is to establish a joint tenancy agreement

Answer 2

Yes with a quit claim deed.

Answer 3

The ex-wife may transfer the home to the ex-husband.  It is considered to be a "sale" even if there is no money changing hands and it is taxable.  You should see your accountant and attorney before doing this to avoid any tax consequences and to ensure it is done properly.  

Answer 4

yes, she can deed her interest to him - a sale isn't necessary.  

Answer 5

it's beyond easy. using a lawyer would be best but not necessary, but all they need is

a quit claim deed

where she signs stating she releases ANY interest in the house.

But it IS legal even if you can go and get the

quit claim deed

from ANY office max.

All it means is she quits claiming any interest she may have in the home.

He can then take that deed and record it with the county making the home only his.

If I were her? I would seek a lawyers help, but totally not necessary.

If someone does this and it's not the person, meaning fraud, it makes the new recorded deed invalid and the person caught doing it could be gotten on fraud charges...

So be very careful.