Monday, 27 April 2015

Can an 11 yr. old (juvenile) be considered a "lender" in a mortgage/contract????

Question

Can an 11 yr. old (juvenile) be considered a "lender" in a mortgage/contract????



Answer

Generally speaking, contracts with minors aren't valid at all, with certain exceptions. But it sounds like there's more to this story. You probably want to get a consultation with an attorney. Bring the contract.



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