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Lien for jointly-owned property may be invalid if only one spouse signs deed of trust

Jeff Fink October 23, 2013
Signing Documents

Occasionally mortgage lenders require only one spouse to sign a deed of trust (or mortgage) and allow the other spouse to sign a separate document consenting to the loan transaction. But, as a Missouri appellate court ruled recently, this practice could leave the lender with an invalid lien if both spouses own the property. READ MORE