How do you get your name off co-signed property that’s not being paid?
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How do you get your name off co-signed property that’s not being paid?
Asked on January 16, 2013 under Real Estate Law, New York
Answers:
B.H.F., Member, Texas State Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
Once you have co-signed on property, your name will remain on the note until the note is discharged. Your name will remain on the property until it's sold to someone else. To get off the note, the other person on the note would need to redo financing to get it all in their name. Absent them stepping up to the plate, your name, unfortunately, will remain on the note.
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