Legal Question in Real Estate Law in California
I am cosigner on a bank loan for my daughters property. I am not on title. Am I liable for events that end in law suits for things that happen on the property. I do not reside on the property.
Asked on 5/20/21, 7:27 am
1 Answer from Attorneys
No. If you are not on title to the property, your legal obligations and potential liabilities are only to the lender.
Answered on 5/31/21, 5:42 pm