Legal Question in Real Estate Law in California
My husband and I bought a house but me and my dad put down the entire down payment. I need to create a contract that says if we divorce the mortgage company gets paid 1st, then my dad gets his money back, then I get my money back and then me and my husband equally divide whatever funds are left over. Do I need a lawyer to do this or can I just write up a contract and have all 3 of us sign in front of a notary?
Asked on 8/29/11, 9:48 am
1 Answer from Attorneys
Gary R. White
Burton & White
When the amount of money involved is more than you would be comfortable losing, then you should consult with an attorney. Otherwise, good luck.
Answered on 8/29/11, 10:26 am