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Ratings. Guidance. The Right Lawyer.
Under CA contract and real estate law is a trust deed invalid if both husband and wife did not sign
Chino Hills, CA
Viewed 398 times.
Posted about 1 year ago in Real Estate
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LEGALITY OF TRUSTEES DEED UPON SALE:
I SIGNED A 3RD DEED TRUST ON PERSONAL LOAN FROM A FRIEND. I FELL BEHIND ON PAYEMENT--THE PROPERTY WAS FORECLOSED AND LIEN WAS GIVEN TO MY FRIEND.. THE PRIMARY LENDER IS COUNTRY WIDE.. THE 2ND IS A HARD LENDER .. MY WIFE IS ALSO ON TITLE BUT DID NOT SIGN 3RD DEED OF TRUST.. IS THIS LEGAL AND CAN I DISPUTE THE LEGALITY OF THE LIEN TRUST SALE? NO ONE PURCHASED THE LIEN IN COURT AND MY FRIEND CONTINUES TO HOLD THE TITLE
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MY QUESTION IS? CAN I DISPUTE THE LEGALITY OF THE 3RD TRUST DEED, BASED UPON MY WIFE ON THE TITLE AND SHE DID NOT SIGN THE 3RD TRUST DEED OR CONTRACT? Answers (1)
Mitchell Reed Sussman
This attorney is licensed in California.
Posted about 1 year ago.
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In addition to signing a Third Trust Deed, I assume you signed a promissory note to your friend. If the property has
been lost through foreclosure, you would still owe your friend by virtue of the promissory note. |
