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If your husband signs the home mortgage and is the only name listed on a deed does that make his wife an owner of the house as well just because she is his spouse?
Wiki User
∙ 14y ago
Generally, no. However, you need to consult with an attorney in your area because state laws vary on this topic. There are many factors to consider. If you live in one of the nine community property states you may have an interest in the property IF your husband purchased it after the marriage. Some other states consider it marital property IF the couple gets divorced. If there is no divorce and no community property issue, in some states, such as Massachusetts, your husband is the sole owner of the property. You would acquire an interest only if he died.
Wiki User
∙ 14y ago
Wiki User
∙ 11y agoNo. However, there are laws in many states that give the spouse rights in any property owned by the other during their marriage. Consult a probate attorney in your jurisdiction.
Answer
In a practical sense, the wife should make sure her name is also on the deeds and, if there is a will, that the property is left to her. This practice might eliminate some issues following a partner's death.
Wiki User
∙ 15y agoGenerally, you have no interest in the property right now. But you need to check the laws in your state.
If you live in a community property state you may have an interest if the property is mortgaged or sold, you get divorced or if your wife dies. In a common law state you would inherit an interest if your wife died but not necessarily a full interest. You may share the property with your children or your wife's blood relatives if you have no children.
You can check the laws in your state for intestate property at the link below.
Wiki User
∙ 11y agoYes, unless there is a state law forbidding it. The mortgage is simply a loan that allows you to buy a house. The deed specifies who owns the house.
AnswerThe wife should consult with an attorney before adding her husband's name to the deed since there will be legal consequences. She would be granting him an interest in property that only she is obligated to pay for. If they later divorced, he would receive half of the proceeds of a sale. Also, the mortgage documents may prohibit transferring title.
Wiki User
∙ 15y agoNo. The husband is the sole owner of the property.
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In a divorce is a spouse not listed on the mortgage but listed on the deed required to help make the mortgage payments in Tennessee?
If they are not listed on the mortgage, then they have no legal obligation to pay the debt. If payments are not made it is only your credit that will be damaged.
Can a husband testify against his wife and mortgage fraud?
Yes, a spouse can testify but only on a voluntary basis. The spouse can not be compelled to testify.
Who is the owner of a home if only one spouse signs the mortgage?
The owners of any property are the grantees listed on the current deed. The property may be subject to a mortgage if any owner granted a mortgage to a lender.
What is the meaning of non vested spouse on a mortgage where both husband and wife are the mortgagees?
if the wife owned a home prior to marriage and the spouse signed non vested spouse. does the home still belong only to the wife.
can the spouse live in the home after the spouse dies under a reverse mortgage?
Yes Watson. But the real question is: can the spouse spouse the home after the reverse mortgage dies live?
In Florida if your parents are refinancing would your spouse need to sign the mortgage?
Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.
How do you remove spouse from mortgage if divorcing?
The only way to remove your spouse is by refinancing the mortgage. Your attorney may be able to assist you in negotiating with the bank.
How do you get spouse on Mortgage title?
you just get it for no reason
Can an executor be listed as a beneficiary?
Yes, and they frequently are as in the case of the standard husband and wife will, where each spouse leaves the entire estate to the other spouse and names that spouse the executor.
Is spouse a verb?
No, "spouse" is not a verb. It is a noun used to refer to a person's husband or wife.
What if other spouse can not pay mortgage when the other spouse dies?
Then the house needs to be sold.
Mortgage is in your name spouse dies will mortgage life insurance pay off house?
If the mortgage is in your name it would not be affected by the death of your spouse. Mortgage life insurance is coverage that is taken out so that your house would be paid for in the event of your death.
