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by CareyBot

Editor's note: Robert Bruss is temporarily away. The following column from Bruss' "Best of" collection first appeared Sunday, March 26, 2006. DEAR BOB: My daughter and another teacher co-own a townhouse. The other teacher is leaving to get married. My wife and I are going to buy her out so our daughter can avoid selling and trying to purchase again in an expensive area. To remove the other teacher's name from the deed and mortgage (preferably leaving only our daughter's name or substituting our names for the departing teacher) do we need an attorney? Or can we sign something in a government office to get her name off the deed? --Dan W. DEAR DAN: The departing co-owner's name will always remain on the mortgage obligation until the loan is either paid off or refinanced. If yo...