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 dizzy_1000
Joined: 09 Jan 2009
Posts: 1
1.27 Dollars($)
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 Posted: Fri Jan 09, 2009 9:33 am Post subject: Adding a Husband in the State to NY to a Coop |
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| Hi. I need to add my husband to a Coop that I own. Does he have to sign the Quitclaim deed in the state of NY? Does the coop have restrictions? |
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Jessica
Community Mentor
Joined: 08 Jun 2004
Posts: 813
Location: OHIO
194.39 Dollars($)
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| Posted: Mon Jan 12, 2009 6:06 am Post subject: |
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Yes, you can sign over a quitclaim deed and add your husband to the title of the co-operative. However, a grant deed would be an even better choice.
_________________
http://jessica.mortgagefit.com/ |
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Guest
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| Posted: Mon Jan 12, 2009 7:20 am Post subject: |
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| Typically ownership of a co-op is acquired through a proprietary lease, since you really don't "own" the home but rather shares of stock in the cooperative. Can a quit claim or grant deed even be used? It wouldn't make sense |
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