My question involves real estate located in the State of: CA
My friend and her husband filed for divorce last month. They are still working out terms of their MSA. Her husband just made an offer to purchase a condo together with his 'girlfriend'.
Since he is legally still married and CA is a community property state she is trying to figure out how they can be listed together on the title...
would it be "Joe Blow, a married man as his sole and separate property, held jointly with a Jane Doe, a single woman"?
As they do not have $600K in cash - will my friend be required to sign all of the loan paperwork as the "non-obligated spouse"?
She is trying to figure out if his obtaining her cooperation in this can be used as a bargaining chip to get his cooperation with the MSA... any info appreciated.