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If someone is added to your deed does that make them part owner?

Posted on: 23rd Dec, 2009 05:49 am
I was wondering if i added my fiance to my deed would that make him part owner even if he's not listed on my mortgage loan?
name(s) mentioned on deed is/are the owner(s) of property
Posted on: 23rd Dec, 2009 09:03 am
precisely, being added to title is what constitutes becoming an owner of the property.
Posted on: 23rd Dec, 2009 09:34 am
>>if i added my fiance to my deed would that make him part owner

Yes, but it'd be safer for your fiance if the two of you refinanced the mortgage together. It'd be a major hassle for your fiance if the two of you were on Title, but not the mortgage, and you broke up.
Posted on: 24th Dec, 2009 09:48 am
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