Prevent Unauthorized Property Loans
Summary
In Texas, if property is jointly owned, all owners must consent for a loan. Consult an attorney to understand your rights and consider obtaining a court order to prevent unauthorized transactions.Full Conversation
My brother is having financial troubles and he wants to use our family property for a loan, how could I avoid it happen without my consent?
In Texas, if the property is jointly owned, all owners must consent for a loan to be taken out on it. Here's what you can do:
- Consult an attorney to understand your rights.
- If needed, obtain a court order to prevent unauthorized transactions.
Remember this is general advice and you should consult an attorney for advice specific to your circumstances.