Legal Question in Real Estate Law in California

Is it legal for a loan to be taken out by one party in a property owned in joint tenancy?


Asked on 12/26/11, 4:12 pm

2 Answers from Attorneys

Yes, but the mortgage only attaches to the share of the property that the borrower owns. Other joint tenant(s) share(s) are unaffected.

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Answered on 12/26/11, 9:51 pm
Anthony Roach Law Office of Anthony A. Roach

Legal, yes. A good idea for the lender, no.

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Answered on 12/27/11, 8:43 am


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