Legal Question in Real Estate Law in Arkansas
Real Estate Laws
If my name is not on the loan but is on the title. Do I legally own half of the property if marriage is terminated? Upon death of person on the sole loan agreement?
Asked on 4/05/07, 8:48 pm
1 Answer from Attorneys
Brandon Moffitt
Moffitt & Phillips, PLLC
Re: Real Estate Laws
This question cannot be completely answered based on the facts provided. The law is specific in this area and the details matter.
It is important to know when your name was put on the title, when the loan originated, who it was originated by, and your relationship with the person who originated the loan (i.e. spouse, sibiling, etc.).
If you can provide additonal information, then I can provide a better answer.
Answered on 4/08/07, 1:06 pm