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

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Answered on 8/29/07, 12:53 pm


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