Legal Question in Real Estate Law in Tennessee
Real property
My wife is in the process of purchasing a residential property in Tn, Davidson Cty.
The mortgage co. is requiring that I give my wife power of attorney to sign the deed with my signature. Even though I have nothng to do with the deal.
My question is: Is this requirement legally necessary?
Is it legal?
Asked on 1/19/07, 3:14 pm
1 Answer from Attorneys
Joseph T. Kirkland, Jr.
Kirkland, Rothman-Branning & Associates, PLLC
Re: Real property
If either you or your wife are going to occupy the property then your signature is required to obtain a loan.
This does not give you any rights nor take any away.
Answered on 1/19/07, 3:25 pm