Legal Question in Real Estate Law in North Carolina

I live in NC - I have a home that I bought when i was single. I did not put the home in my married name. Now I want to refinance- My question is that in the State of NC - does it matter whether I put the home in my married name or if I kept it like it is - (if there were a divorce situation) do I have to split the house 50/50??? The mortgage institution is trying to tell me that currently- I would have to split the house 50/50 even though I bought the property before I got married. I am not planning on getting divorced, but i would like to protect myself and I also want to know my rights. My husband was married before and has kids, and I have other assets seperate because of his past situtation/child support. The Mortgage guy is also telling me that even though The house is going on my credit -the deed will be in both of our names, I never heard of that as well.. I always thought that whoever is on the loan, that is what the Deed reads...

Asked on 2/01/12, 11:00 am

Jeff Rosner Rosner Law Firm P.A.

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That is not correct but there may be a misunderstanding here. Feel free to give me a call and I am happy to explain it more in depth.

- Jeff

Rosner Law Firm

1301 Larkhall Court

Cary, NC 27511

919-872-2328

Answered on 2/01/12, 1:32 pm

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