Sole and Separate definition

Sole and Separate means a married spouse is taking title to the property in their name only. MFA allows a borrower to take title in this manner only if the following apply: Spouse is under age to take title; Spouse does not have a Social Security Number; Spouse has bad credit. However, ALL household income needs to be counted toward the income eligibility.

Examples of Sole and Separate in a sentence

  • Vesting As ☐ As Husband and Wife ☐ A Single Man ☐ A Single Woman ☐ A Married Man as His Sole and Separate Property ☐ A Married Woman as Her Sole and Separate Property ☐ As Joint Tenants ☐ As Tenants in Common ☐ A Limited Liability Company (Please specify) ☐ Other (Please specify) ☐ Tax Mailing Address is the same as the address provided on Page 1 (If not, please complete below).

  • Any Member who marries subsequent to the execution of this Agreement must cause such new spouse to execute the Disclaimer of Spouse’s Sole and Separate Property in the form attached to this Agreement as Exhibit B, and the failure to do so constitutes a material breach of this Agreement by such Member.

  • Each Member who is a married individual must cause his or her spouse to execute the Disclaimer of Spouse’s Sole and Separate Property in the form attached to this Agreement as Exhibit B, and the failure to do so constitutes a material breach of this Agreement by such Member.

Related to Sole and Separate

  • Evaluation and treatment facility means any facility which

  • Supportive housing means housing with no limit on length of stay, that is occupied by the target population, and that is linked to an onsite or offsite service that assists the supportive housing resident in retaining the housing, improving his or her health status, and maximizing his or her ability to live and, when possible, work in the community.

  • Transitional housing means buildings configured as rental housing developments, but operated under program requirements that require the termination of assistance and recirculating of the assisted unit to another eligible program recipient at a predetermined future point in time that shall be no less than six months from the beginning of the assistance.

  • System with a single service connection means a system which supplies drinking water to consumers via a single service line.

  • Adult foster care means room and board, supervision, and special services to an adult who has a