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How much does it cost to come out of a legally binding joint mortgage if an ex is buying you out?
Wiki User
∙ 13y ago
You cannot "get out of" a mortgage. The mortgage must be paid off and refinanced in the name of the new single owner. That issue should be addressed in every divorce agreement.
Wiki User
∙ 13y ago
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What happens when you sever a joint mortgage?
You cannot sever a joint mortgage. It must be paid off.You cannot sever a joint mortgage. It must be paid off.You cannot sever a joint mortgage. It must be paid off.You cannot sever a joint mortgage. It must be paid off.
Do both parties on a joint mortgage have to file bankruptcy on a joint mortgage?
No, both parties on a joint mortgage do not need to file bankruptcy. They can file a joint bankruptcy or a single bankruptcy.
Is a contract legally binding when one of the joint owners did not sign the contract?
Yes, it can be. It is normally assumed that that the person who signed is authorized to represent the business or other owners.
What happens to the joint mortgage holder of a take over mortgage if the original mortgage holder pays the loan?
The joint person is still responsible until the loan is paid off or refinanced out of the person's joint name.
Do you have to be married to have a joint mortgage in Florida?
No.
Your husband passed away you have joint mortgage do you still have to pay mortgage?
yes
If you have a joint mortgage with an ex partner and you are refused a chage of parties for your joint mortgage are there any other options to getting them off the mortgage?
contact a real estate attorney in your state to assist you
Who is responsible for a joint home loan if the divorce decree designates one party to take ownership and after that person fails to do so the property is foreclosed?
Terms of a divorce decree are not legally binding for any lender. If both names remained on the mortgage at the time of foreclosure then both parties are responsible for any deficit and penalties that might be assessed in relation to the join debt.
Binding or stabilization of a joint by operative means?
Arthrocentesis
Can you take your partners name of a joint mortgage if they are not paying their half of the mortgage as per agreement?
no
You on the deed but not the mortgage. When partner dies what happens You are on joint tenancy with him on the deed?
You own the land subject to the mortgage.
Will a credit card company remove your name from an account if you and your husband are separating and splitting the credit card debt and he is the primary card holder on both cards?
If you are a joint holder, no. You signed a contract that was legally binding. If you're an authorized user, then you can be removed. In fact, you don't legally even have to pay the debt.
