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I would like to understand the risk of buying a Condo and facing a divorce . Deed under husband and / or his parents ( husband signed Quit Claim Deed after mortgage approval ) , Mortgage under husband only , Personal Loan under husband only from his parents . I did not sign any papers and didn't know anything about the purchase . Purchase price $ 230K , mortgage $ 218 . K for 30 / y @ 3 . 75% , personal loan from his parents $ 35K . for 30 / y @ 10s . ( to cover closing costs ) . Will I be able to claim my 1 / 2 share in the condo in case of divorce ? I would appreciate your advice and clarification ? is it legal at all ?
Divorce Equitable distribution in divorce Dividing debts in a divorce Community property in divorce Divorce and quitclaim deeds Divorce and bankruptcy Bankruptcy Debt Mortgage lien Bankruptcy and debt Divorce and family Residential property Condominiums Real estate documents Real estate buy and sell agreements Real estate quitclaim deed Real estate and bankruptcy Home mortgage Real estate Family law Spousal debt Mortgage debt Domestic relationships Marriage Marital property