Q: My ex-husband wants to refinance a house we both own and he currently lives in, taking my name off of it.
He said he has already filed paperwork with the bank and I just need to show up at closing to sign the paperwork. I'm not sure what I would be signing and the bank won't give me any information because the new loan is only in his name. Does this mean that he has to pay me half of what the house appraises for or am I out of luck and get nothing? I would like to know what I'm in for ahead of time.
A: Ex-husband denotes that you had a divorce and there was property distribution. Was the house awarded to him? If yes, then you just need to sign as a spouse at the time, but you get no proceeds. If there is something different about the house in the Marital Settlement Agreement, you need to retain a lawyer.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
