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Oak Harbor Law

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darkmancoop Joined: 27 Jul 2011 Posts: 1 1.30 Dollars($)	Posted: Wed Jul 27, 2011 8:32 pm    Post subject: Oak Harbor Law Like 0 Dislike 0 In the state of Florida, is there a law stating if a couple is married but one party does not plan to live in the home (due to separation), due the party not planning to live in the home have to sign a "truth to lend" deed, or have their name put on the mortgage. If that is true is that party also responsible for any financial payments if the party living in the house cant make payment.
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Wed Jul 27, 2011 11:32 pm    Post subject: Like 0 Dislike 0 Hi darkmancoop, Well... if both the spouses are on the mortgage, then though one of them does not live in it, he/she will be responsible for the mortgage payments if the other person is unable to pay it. However, if the other person refinances the mortgage in his/her name, then the person not living in the property won't be responsible for the mortgage payments. Thanks

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