Legal Question in Real Estate Law in Virginia
Refinancing when separated
Bought house in VA - no longer with
partner. Both of us are on title.
Mortgage in is name. Heard he
refinanced. How can he do that if I
didn't sign anything? Aren't both
owner signatures required? What
can I do? Thanks
Asked on 5/04/09, 11:39 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: Refinancing when separated
If your partner has refinanced the jointly owned property and only in his name, this could be to your advantage, by keeping you off the mortgage note, but stll leaving you on the deed, which means that you're still an owner of an undivided half interest in the whole of this particular property.
Answered on 5/05/09, 10:38 am