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View Full Version : Many names on the house title, what portion am I responsible for?


overit2010
May 23, 2011, 07:00 PM
Hi,
If I move out of my home which my husband and I live in, what portion of the mortgage/taxes/insurance do I have to pay until the house is sold? There are four people on the mortgage and title, us and his parents.
Please clear this up for me!

excon
May 23, 2011, 07:20 PM
Hello o:

Unless his parents live there, it's not THEIR responsibility. I'm assuming they're on the title because you needed their help in order to get a mortgage.

I don't know what the details of your original agreement was, but it would help to know what they were.

excon

ScottGem
May 24, 2011, 04:00 AM
Depends on how the mortgage and deed are worded. Its possible that each signer is fully responsible for the costs, if the others don't pay.