Posted on: 26th May, 2010 05:26 am
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)
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.
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.