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Could he be held responsible??

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sexywomen | 00:25 Thu 23rd Feb 2006 | Business & Finance
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<PRE>I purchased a home with a friend 3 years ago and am thinking about getting married (not to friend). His parents think that he could be held responsible for the house payments if they are defaulted. His name will not be put on the house and he has nothing to do with it. If there is a defaulted payment on it can he be held responsible for it and have to pay it in California if we get married? Does anyone have websites or places where I might go to research or find the answer to this question? thanks</PRE>
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Bit of a contradiction there. On one hand you say you purchased a home with a friend, and yet on the other you say he has nothing to do with it.


The simple answer is if his name is on the mortgage - which if you purchased with him I assume it will be - he will be liable to carry on making payments as will you. He'll either have to buy you out or you'll have to sell up.

I think you are misunderstanding it Postdog. I think she means that the fiancees parents think he could be liable. The answer I reckon is no in the UK, its not his house. But I don't understand the California bit. Where's the house? - in the UK, I hope - otherwise we are talking California State Law, and I haven't a clue.
Simple contract answer. As with any contract, only parties with 'privity of contract' can be held responsible for the obligations within.
Regards,
Steve

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