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Can an adult child and parent be listed on a mortgage as borrowers?
Wiki User
∙ 9y ago
Yes, as long as both qualify.
Yes, as long as both qualify.
Yes, as long as both qualify.
Yes, as long as both qualify.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoYes, as long as both qualify.
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Is an adult child of a deceased parent responsible for foreclosure debts?
Not unless they were listed on the deed of the property that was foreclosed. The estate is responsible for settling the debts.
If both spouses are listed as borrowers on the mortgage and one dies can a surviving adult child have prevent the property from being sold?
I am very sorry for your loss. Most parents have Wills and if there is a Will then according to Canadian Law the surviving spouse (mother/father) would have complete control over the selling of the home and all other monies and properties unless otherwise specified by the deceased. The only way this may be altered is if the surviving spouse is "not of sound mind" and the adult children can go to a lawyer and have Power of Attorney (which has some control). Example: If your mother/father was of not sound mind and incapable of making decisions for themselves then the two adult children must have more than one doctor examine the parent to verify this. If it is true, then Power of Attorney helps the adult children to protect the property, monies and paying of bills and taxes for the living parent. For some adult children it's difficult if one parent sells the property and the only way you can get around this is to buy that property from the remaining parent. In the US the surviving spouse and co-borrower is responsible for keeping the terms of the mortgage or the house will be subject to foreclosure. In some states the lender can require the surviving spouse and/or co-borrower to reaffirm the mortgage contract. In the US the title of the property designates ownership, not the mortgage contract, in the majority of states the primary residence automatically reverts to the surviving spouse whether the other spouse died intestate or not. Regardless of the circumstances, any person who has a legal interest (inheritance, joint ownership,) in the property would also be responsible for paying the debt attached. FYI, all POA's become null and void upon the death of the grantor.
Can a parent get medical records of an adult child?
A parent can get the medical records of an adult child if the adult child gives express permission.
Can an adult child sue a non custodial parent for the parent's assets?
Is this a trick question? If the child is legally an adult (and therefore 'emancipated') then there is no "custodial" parent.
Is a teen parent consider emancipated?
Being a parent does not make one an adult. Only age will make you an adult.
Should the adult child of a decease parent continue to pay the mortgage while the will is in probate or does he need to wait until executor of the estate has been legally declared?
You should seek the advice of the attorney who is handling the estate.
If minor has parent permission and gets pregnant by an adult?
A parent that gives permission for a minor to have sex with an adult is committing a crime, as is the adult with whom the minor has sex. Think about it. If it is okay for a parent to give permission for a minor to have sex with an adult, at what age is ok? 15? 12? 10? What about 4 or 5? It is the responsibility of the parent to protect their minor child.
What rights do you have to stay in your home?
There are many factors to consider. Do you own the home or is it mortgaged? The mortgage holder can deny you access. Is it safe to live in? Safety authorities can condemn it. Is it your parent's home? They no longer have to provide you shelter once you are an adult.
If a parent of an adult is getting back court ordered child support and the parent is gambling it away can the adult child get it directly?
extremely unlikely
How can an adult divorce biological parent?
You cannot divorce a parent, you can only divorce a spouse.
Is it normal not to feel comfortable when a stranger or not so known person addresses you with a calling my friend?
Yes you should or feel comfort for a situation like that if you are young tell an adult amiditly and friends parent or an adult!!If you are a young .adult still contact an adult and the friends parent or an adult
What if a bank approved an increase in your home equity line of credit that was not within their guidelines can you be forgiven for money used?
Of course not. You are responsible for your own expenditures. It can be assumed that you signed the mortgage as an adult and knew what you could afford to pay.Of course not. You are responsible for your own expenditures. It can be assumed that you signed the mortgage as an adult and knew what you could afford to pay.Of course not. You are responsible for your own expenditures. It can be assumed that you signed the mortgage as an adult and knew what you could afford to pay.Of course not. You are responsible for your own expenditures. It can be assumed that you signed the mortgage as an adult and knew what you could afford to pay.
