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Mortgage Responsibility

My boyfriend and I purchased a condo. together and after 5 months he has packed up and left. He has paid nothing since he left. I am working on getting him to sign a QuitClaim Deed however he wants me to sign a Mutual Release Form and I wonder if that is truly a legal form that would get him out the reposibility of paying the mortgage. Thanks

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Attorney answers (1)

Reputation Level 15
A mutual release is a contract, and given that your home is probably your largest investment, you should probably not sign anything until you have had a chance to meet with an attorney. A mutual release will not prevent the home from being foreclosed upon if mortgage payments are not paid, and it would not prevent him from being responsible for the note.

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