Real Estate Law
Have Real Estate Law Questions? Ask a Real Estate Lawyer.
Hello and welcome! My name is ***** ***** I am a licensed attorney and will try my best to help with your situation. There may be a slight delay in my responses as I research statutes or ordinances and type out an answer or reply, but rest assured, I am working on your question.
The loan would be in his name only. Could i ever be held liable for his loan?
No, as long as you never sign a Promissory Note and deed of trust, then you can't be held liable. The Promissory Note determines who has to repay a loan and if you don't sign it, you can not be held liable..
You are very welcome. Happy to help any time. Just make sure you NEVER sign the Promissory Note....
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