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Dual ownership rights?

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F

FDavis

Junior Member
:mad: What is the name of your state?

Alabama

I so wish I did not buy this place with another person. My question is this...What is the difference between using "and" or "or" in purchasing property together? Do I have to worry about this other idiot taking out a loan by themselves using our home as collateral or will it take both our signatures either way?

Thanks for any assist.
 


H

HomeGuru

Senior Member
FDavis said:
:mad: What is the name of your state?

Alabama

I so wish I did not buy this place with another person. My question is this...What is the difference between using "and" or "or" in purchasing property together? Do I have to worry about this other idiot taking out a loan by themselves using our home as collateral or will it take both our signatures either way?

Thanks for any assist.
Click to expand...

**A: why are you making a new thread?
 
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