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    Deb4Crad's Avatar
    Deb4Crad Posts: 2, Reputation: 1
    New Member
     
    #1

    Jun 6, 2012, 10:34 AM
    Curious about liability and the law in Ohio
    I am seeing a man who has been divorced for several years. His ex wife moved back to her home state of Ohio. Although they were divorced, she purchased a home but said she needed his name on the mortgage. (deed) Her sole income is his pension so I am guessing since she has no other means this was her only way to "qualify" as a buyer. My question is this, if she should default on her mortgage or become ill or even pass away, will he be liable? Is this common practice? She is paying the mortgage because he gave her his entire pension.
    Deb4Crad's Avatar
    Deb4Crad Posts: 2, Reputation: 1
    New Member
     
    #2

    Jun 6, 2012, 10:39 AM
    A man I am seeing now has an ex wife who moved back to her home state of Ohio and purchased a home there. Apparently because she does not work, the law required her to have Fred (the guy I am seeing) have his name on the deed-does this also mean that he is liable for the mortgage should she default? Is there any way he can get his name off the deed and do you recommend that he do this?
    ballengerb1's Avatar
    ballengerb1 Posts: 27,378, Reputation: 2280
    Home Repair & Remodeling Expert
     
    #3

    Jun 6, 2012, 11:49 AM
    Deed and mortgage are separtae legal documents, he is likely on the mortgage but not necessarily the deed. You need to look into that and tell us. If she defaults on the mortgage he is liable for the loan but not necessarily will get the property.

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