Ilyce Glink
Inman Consumer News

Q: My daughter and son-in-law got married two years ago and bought a house. Her name is on the deed but not the mortgage. What are the consequences in case of a divorce? She gave him $35,000 for the house.

A: If your daughter's name is truly on the title to the home, then she's one of the owners of the property. She may own half of the home, or a smaller or larger percentage, depending on how the ownership of the property was structured. If she and your son-in-law were married when they bought the property, it's possible they structured the ownership as "tenancy of the entirety" or as joint tenants, which means that they both own the home jointly.

Source: http://www.mortgage101.com/partner-scripts/inman.asp?ID=inmannews50205