Florida | Real Estate Law
Legal Question
Real Estate
What does being on the mortgage but not on this lease mean when you get divorced
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Read More Answered By: Scott R. Jay |
Re: Real Estate NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
Not much. The only reason why you were placed on the mortgage is so that the lender can foreclose and obtain title to the property in the event of a default. Signing the mortgage does not convey any ownership interest to you.
Separately, you may have an interest by virute of your marriage. You should consult a local attorney to discuss your legal rights.
Scott R. Jay, Esq. |
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