EstatePass
USThard11% of exam

California is a community property state. When one spouse takes out a mortgage, the other spouse:

Correct Answer

B) Must sign the deed of trust even if not on the loan

In California, the non-borrowing spouse must sign the deed of trust to acknowledge the lien on community property, even if they are not a borrower on the loan.

Answer Options
A
Has no obligations related to the mortgage
B
Must sign the deed of trust even if not on the loan
C
Automatically becomes a co-borrower
D
Can prevent the mortgage by filing an objection

Why This Is the Correct Answer

In California, the non-borrowing spouse must sign the deed of trust to acknowledge the lien on community property, even if they are not a borrower on the loan.

Was this explanation helpful?

More UST Questions

People Also Study

Related Study Resources

Practice More MLO Questions

Access all practice questions with progress tracking and adaptive difficulty to pass your SAFE MLO exam.

Start Practicing