Legal Question in Real Estate Law in Texas

My fiancee and I put in equal amounts of money as a down payment and bought a house. The doscussion we had with the Bank when applying for the mortage was that the loan will be in his name but the title of the property should be in both our names. When asked tha bank if this could be done, they said yes. When it was time to sign the papers, we found out that the title was only in his name. We had no choice but to go ahead with the deal.

My question is, can a loan be in one persons name and the title be in both names? If so, how can we get this corrected?


Asked on 6/01/11, 11:15 am

1 Answer from Attorneys
Mark Dunn Mark D. Dunn

Make a deed that transfers one half interest in the property to the other party (the one who isn't a grantee in the deed that the bank cooked up). Sign it, and record it with the county clerk.

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Answered on 6/03/11, 10:15 am


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