Legal Question in Real Estate Law in New York
property loans
If a deed/title to property lists both man and wife as owners, do both need to sign to get a loan against the property?
Asked on 8/29/07, 12:46 pm
1 Answer from Attorneys
Robert R. Groezinger
GroezingerLaw P.C.
Re: property loans
No..but they will need to both sign the mortgage evidencing indebtedness.Only one need sign the Note and become personally liable.
Good Luck
RRG
Answered on 8/29/07, 12:53 pm