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Articles Posted in Tag: joint mortgage

What is a Joint Mortgage? (Civil Code § 2951)
Underwood Law Firm, P.C.

A joint mortgage is a mortgage taken out by multiple people. Usually, a mortgage is secured on a property by the people who own it. However, with a joint mortgage that does not necessarily have to be the case. A joint mortgage may be held by someone who is not on the title for...

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Can a Co-Owner Take Out a Mortgage Without Your Consent?
Underwood Law Firm, P.C.

Yes. California law allows a co-owner to take out a mortgage without the other co-owners consent or knowledge. Co-owning property with other parties can be quite a responsibility that can be difficult to manage. One particularly stressful aspect of managing property is managing the debt that comes with financing the property. Some parties may...

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