Full question:
My life partner has left the relationship. She is on the deed but not on the home loan. Does she still have responsibilities to the house. I am trying to sell in an area that is not selling and the house will not likely sell for price that it was purchased for. Is there any legal recourse to hold her responsible for? In addition, we have a car loan and a savings account in both names, is there anyway I can get her to pay for either of them?
- Category: Real Property
- Subcategory: Deeds
- Date:
- State: Kentucky
Answer:
Generally, a person is not liable for another's debts unless they are named on the debt, such as being a joint account holder or co-signer. Since your partner is not on the home loan, she is not responsible for that debt. However, because she is on the deed, she may have some rights regarding the property.
For the car loan, if her name is on it, she is responsible for payments according to the loan terms. If she is not on the car loan, you cannot hold her accountable for that debt. As for the savings account, both parties typically have equal rights to the funds, but you may need to negotiate or seek legal advice for access.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.