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I have agreed to be a co-borrower with my son in purchasing…

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I have agreed to be...
I have agreed to be a co-borrower with my son in purchasing a house for him in Florida. Does Florida law require that my wife, who is not a co-borrower on the mortgage loan application, co-sign the settlement documents and be included in the property title?
Submitted: 2 years ago.Category: Real Estate Law
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Answered in 5 minutes by:
1/16/2016
Real Estate Lawyer: Loren, Lawyer replied 2 years ago
Loren
Loren, Lawyer
Category: Real Estate Law
Satisfied Customers: 39,281
Experience: 30 years of real estate practice experience.
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Good afternoon. I am Loren, a Florida licensed attorney, and I look forward to assisting you.

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Real Estate Lawyer: Loren, Lawyer replied 2 years ago

Is the lender demanding your wife execute the mortgage? Will the property be titled in your name?

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Real Estate Lawyer: Loren, Lawyer replied 2 years ago

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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