Property Ownership

A Pennsylvania property bought in a divorce settlement and conveyed to one spouse requires a deed from:

ABoth spouses
BThe court or both spouses, depending on how the property was titled✓ Correct
CPREC to release the marital interest
DThe mortgage lender as well as both spouses

Explanation

If property was held as tenants by the entireties (the default for married couples in Pennsylvania), both spouses must execute the deed or a court order (divorce decree or settlement agreement) must direct the transfer. The Property Settlement Agreement or divorce decree typically facilitates the transfer.

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