My spouse and I each have 25% of a property and are "tennants in common" with 2 other partners. The other partners want my husband to get life insurance to pay off the house. (If he should pass) Our names are still not on title. We are the ones paying ALL the mortgage and occupying the home.
Orignal From: If I am in a property partnership, and my name is NOT on title, could my life insurance pay off the mortgage?
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