Real Estate Law
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To transfer only the title and if there is no loan on the property, the property owner can deed the property to your husband and have it recorded. If the friend has a mortgage in his name he can add the husband to the deed be deeding an undivided ½ interest and then having the husband refinance the home in his name only to pay off the balance of the friend’s loan. While the process is not difficult, it is technical and you should use a local real estate attorney to create the appropriate deeds and document the transaction.
Another possible way to remove the friend from ownership would be to have the husband purchase the home for the remaining balance of the property. This would be more of a traditional purchase and sale exchange. A Realtor would not be necessary but would be beneficial to retain local counseling for purposes of documenting and closing the transaction.
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