Legal Question in Credit and Debt Law in Florida

If I co-sign a loan for someone, can I put a lien on their home until the loan is paid back


Asked on 11/14/13, 12:24 pm

1 Answer from Attorneys
Michael Spoliansky Attorney Michael Spoliansky

If you give someone a loan, and an express term of that agreement is that you will put a lien on their home until the loan is paid off, then yes. However, if that term was not part of the original agreement you made when you co-signed the loan, then you will not be able to put a lien on their home. It would not be valid.

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Answered on 11/19/13, 3:32 pm


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