Legal Question in Real Estate Law in Louisiana
when 3 people own a property together can one person use the property as collateral for a loan
Asked on 2/17/10, 5:21 am
1 Answer from Attorneys
Adam Lambert
The Law Office of Adam S. Lambert
Not without the signature of the other two. If all three own it, all three signatures are needed to mortgage it.
Answered on 2/22/10, 7:49 am