Legal Question in Real Estate Law in Pennsylvania
If a wife is a borrower on a mortgage loan and the husband the co-borrower who owns the property and whose name will appear on the title when mortgage loan paid off.
Asked on 12/01/14, 7:01 pm
1 Answer from Attorneys
John Davidson
Law Office of John A. Davidson
A property bought by a married couple during the marriage is owned by the husband and wife as tenants of the rntirety. Paying of the mortgage doesn't change the title. A certigficate of satisfaction which removes the mortgagre.
{John}
Answered on 12/01/14, 7:19 pm