Posted by William Bronchick on September 09, 2003 at 14:48:23:
Yes, you can. But, you will still be liable for the mortgage note and it will still appear on your credit report (including late payments, if any, that are made).
You also may have a gift tax consequence of the equity being transferred.
And, finally, if you are trying to avoid a judgment lien against you from attaching, the minute you take title, the lien attaches.