Answer: You do not need your husband to deed the property to you to secure payment. You have asked them to transfer the property to you when in fact you really need a security interest in the property, not ownership of the property. What you should have requested from him is a first mortgage on […]
Answer: You do not need your husband to deed the property to you to secure payment. You have asked them to transfer the property to you when in fact you really need a security interest in the property, not ownership of the property. What you should have requested from him is a first mortgage on the property as security for the payment of the settlement arrangement. From the type of question you are asking it seems that you have not begun an adversarial court process yet. I believe that mediation could be very helpful in your situation and I strongly recommend that you contact an attorney-mediator in your area.