Dower Rights/DVC Purchase

[DVCJEN]

I have a question. If I wanted to buy a DVC contract in my name only could I do that without my DH having to sign? I ask because MI has a dower rights law that requires a spouse to sign on any property purchase.

 

[Dean]

I have a question. If I wanted to buy a DVC contract in my name only could I do that without my DH having to sign? I ask because MI has a dower rights law that requires a spouse to sign on any property purchase.

You can buy and even sell without a spouse having to sign, I've done both.

 

[DVCJEN]

Thanks!

 

[ChelleinNC]

I had to look this up. I was born/raised in MI, but never heard of Dower Rights. Here's what I found:

What are Dower Rights?
Michigan is a dower rights state which means that a married woman has an equal interest in any property owned by her husband, regardless of when the property was acquired or whether she is specifically named on the deed. For this reason, married men cannot acquire property in their name only if they are doing so with new mortgage financing, inasmuch as the lender will require the wife's signature and name on the deed to perfect their lien. A married woman may acquire property in her name only.