Legal Question in Family Law in California
I live in california my question is my husband and his sister were given there mother's house when she died. since then my husband bought out his sister and asked me to refinance the house with him because he didn't qualify by himself. he took out 40,000.00 extra and paid off his debt. now im on the entire loan,is the house now ours fifty fifty?
1 Answer from Attorneys
You miss out some details which we must assume. I assume that your husband deeded the property to you and him, in some sort of ownership, so that you would be on title. Otherwise, you may just be a guarantor. If you are guaranteeing the loan, then you would not have any property rights, but the issue is how you took title and whether you have any written agreements between you as to the nature of the transfer. I suggest consulting with a family attorney near you to go over this in detail.
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