I own a home that was paid off by my insurance company as a total loss due to toxic black mold. I remodeled the home, but did not have professional mold "remediation". My wife of 23 years took out a loan on this property and did not disclose to the appraisor or lender regarding the history of this home.Now she has filed for divorce and my name is still listed on deed.....did she do wrong?...could I potentially be liable?
2006-09-20 06:46:24 · 5 answers · asked by willybobjohnson 1 in Home & Garden ➔ Maintenance & Repairs
YES!!!!! get legal advise fast!!!
2006-09-20 06:49:20 · answer #1 · answered by thirsty mind 6 · 0⤊ 0⤋
Non-discloser of a known fact can make you legally liable to fix the problem or be forced to buy back the property plus damages. Black mold is nothing to play with. If, by remodeling, you basically covered up the problem and did nothing to get rid of it then you and she are also liable for any medical care that is needed to remediate a problem. If you removed all instances of the mold and replaced everything with new studs and sheetrock plus can prove there was no indication of mold left when you were done you may be OK (but that is very hard to prove as it was not done professionally).
2006-09-20 06:58:18 · answer #2 · answered by smgray99 7 · 0⤊ 0⤋
Yes, you can be liable for your any of your spouses wrong doings while married (in regards to community property). The key law is Seller's Disclosure if and when you decide to sell the home. You must disclose the prior issues with the home and that should cover you on that part.
2006-09-20 07:26:16 · answer #3 · answered by KISMET 2 · 0⤊ 0⤋
were you living there when she took out the loan? If so then yes indeed you could be liable. if you signed the loan application then you are just as guilty of fraud as she is.
you better get to a lawyer and fast my friend.
2006-09-20 06:54:56 · answer #4 · answered by Anonymous · 0⤊ 0⤋
yes youre entitled to half the punishment if any.
2006-09-24 01:56:52 · answer #5 · answered by duc602 7 · 0⤊ 0⤋