My question involves real estate located in the State of: Florida
I own my own home and have been married for 3 years. I asked my husband to sign a pre-nup prior to marriage on all premarital property, etc. My Husband is in the process of buying a home and I don't feel comfortable signing on the loan with him in the event we ever divorced or he defaulted on the loan and it destroys my credit. The bank gave my husband a form for me to sign to be on the deed "warranty deed". There is a right to survivorship in the paperwork that I read. My concern is the following: If he ever left the home or stop paying can me being on the deed affect my credit in anyway? Is there a benefit as the wife for being on the deed? If the house at time of sell has "equity" am I entitled to any of this money being that I'm on the deed? If I don't sign the deed - Do I relinquish any equity that I may have been entitled to? Please help I have until I think Monday to sign the deed paperwork if it benefits me in anyway, if not I won't sign it. THAnKS!!