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are you liable if you are only in the title?

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rbcuba Joined: 26 May 2010 Posts: 1 1.00 Dollars($)	Posted: Wed May 26, 2010 5:26 am    Post subject: are you liable if you are only in the title? Like 0 Dislike 0 my wife is planning in buying a second property, even though i told her that i wasn't interested and i did not want to be on the loan.She has applied by herself and being approved( i am not in the loan). She said that since we married i need to be on the title. i have two questions: am i liable for being in the title(when i said liable i mean not only if the loan defaults but with taxes,or leans in that property) and is there a way here in florida that one of the spouses can buy a property only on her/his name on the loan and title here in florida.(with a VA loan)
adonis Joined: 22 Oct 2005 Posts: 10574 Location: ALASKA 1090.82 Dollars($)	Posted: Wed May 26, 2010 9:51 pm    Post subject: Like 0 Dislike 0 Welcome rbcuba, As far as I know, Florida is an equitable property state and spouses can individually buy a property on their own. I don't think it would be mandatory for you to mention on your name on the property deed. _________________ Procrastination is the enemy of your financial success

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