Legal Question in Real Estate Law in Arizona
Property Title owners
My father signed with me for the Mortgage on my property. I paid of the mortgage and received the title. My father is listed on the title with my name first then or and his name. He does not live on the property but I do. What rights does he have in the property?
Asked on 5/03/09, 11:15 am
2 Answers from Attorneys
Donald Scher
Donald T. Scher & Associates, P.C.
Re: Property Title owners
It is common that a lender who is relying upon a co-signer on a loan to require that the co-signer be "on title" along with you. You should get your father to sign a quit claim deed of his interest in the property to you.
Answered on 5/03/09, 10:45 pm
Brian Blum
Blum Law Office, PLC
Re: Property Title owners
I would have to see the deed to answer this question. The exact language is important.
Answered on 5/03/09, 12:53 pm
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