Legal Question in Real Estate Law in Iowa

Farm land in Iowa is deeded to the husband. The husband and wife both signed the promissory note for a loan. Do both spouses sign the mortgage on the real estate?


Asked on 3/06/14, 4:46 pm

1 Answer from Attorneys
Robert Luedeman solo practitioner

Generally that's a good idea if one spouse even thinks that the relationship may sour in the future. Because the person who signs the promissory note along with the grantee and is not on the deed or the mortgage has a lot of exposure with no corresponding benefit.

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Answered on 3/25/14, 9:20 am


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