Posted on: 12th Nov, 2008 11:19 pm
We live in California. When single & un married, my husband and an unmarried friend (as co-signer) purchased a property (joint tenancy). Both are now married (separately). We need the co-signor to quitclaim on this property. Will the co-signor's spouse need to sign the quitclaim as well?
Thank you.
Thank you.
Hi wakeena!
As far as I know, property acquired before marriage is considered to be separate and belongs to the person who acquired it. So in this case, I don't think the co-signer's spouse will need to sign the quitclaim deed.
Thanks.
As far as I know, property acquired before marriage is considered to be separate and belongs to the person who acquired it. So in this case, I don't think the co-signer's spouse will need to sign the quitclaim deed.
Thanks.
Niicss is technically correct. However, just in case, sign a quitclaim deed because the co-signor's husband may argue they have a community property interest in the property for equity acquired during marriage.