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  1. Essentially all non borrowing spouses must sign throughout the nation unless the subject property is in a state that is a common law jurisdiction without applicable homestead exemptions. Below is a chart with a state by state breakdown: *Massachusetts Further Information: To clarify, in MA a spouse does not need to sign a mortgage refinance.

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  2. May 10, 2022 · If you are a married homeowner in a Spousal State, your spouse has to sign certain documents to attest that he or she knows about the new loan. Typically, the spouse will need to sign the Deed of Trust , the Right to Cancel , the Truth-In-Lending (TIL) , and various title and settlement documents.

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  3. requirements of state law with respect to joint and marital property, not only in the states in which they operate, but where their borrowers reside or where jointly owned assets supporting or securing a loan are located.

    • Common Law States: Ownership by Title
    • Community Property States
    • Next Steps

    Most states (except the community property states listed below) use the "common law" system of property ownership. In these states, it's usually easy to tell which spouse owns what. Look at the deed, registration document, or other title paper: If you're the only person named, the property is yours. You are free to leave your property to whomever y...

    The rules are different when you live in one of the states that use the "community property" system of property ownership in marriage. Here's a list of the community property states, with links for more details: 1. Arizona 2. California 3. Idaho 4. Louisiana 5. Nevada 6. New Mexico 7. Texas 8. Washington, and 9. Wisconsin.

    You can learn more by reading Plan Your Estate by Denis Clifford (Nolo). If you're ready to make your estate planning documents, you can create a customized will today using Nolo's Quicken WillMaker. Or if you want a lawyer's help or advice, contact an estate planning attorney.

  4. Whether you are a seasoned Real Estate Professional or a first time home buyer the requirements on who has to sign certain closing documents has always caught people off guard. Below is a state by state list detailing the requirements for non-borrowing spouses.

  5. Jul 31, 2024 · Property acquired by either spouse during a marriage is considered marital property. But different states' laws determine how it can be divvied up in a divorce.

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  7. Eliminate loan policies or procedures inconsistent with Regulation B spousal signature provision, such as those that require: spousal guarantees of a loan to a closely held corporation’s partners, officers, directors or shareholders; spousal signature on note when applicant submits a joint financial statement; or