If a wife is granted the home in a legal separation, is she the sole owner even if there is a loan against ii in both names?
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If a wife is granted the home in a legal separation, is she the sole owner even if there is a loan against ii in both names?
Asked on December 10, 2012 under Real Estate Law, Colorado
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
If your wife is given title to real property in a legal separation per a court order where she is the sole owner and title is then placed in her name, then under the laws of all states in this country she is the owner even if the loan for the property which is still being paid off is on your and her names.
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