If there was a chance that my ex and I could settle and I am awarded the marital home, how would his name get off the deed/loan? My attorney suggested typing up an agreement saying that I would “refinance” as soon as feasily possibly (leaving it open-ended…rather it be months or years)…and that my ex would NOT be responsible for the mortgage in case of a default of my own. This will prevent him from being responsible for the loan as well as not tie up his credit. Is this true??
Can SUCH an agreement be done? If not, what is typical in an instance such as this?