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Henry and Wendy married in California in 2012. Henry got a job as an auto mechanic. Wendy's aunt, wh ...


Henry and Wendy married in California in 2012. Henry got a job as an auto mechanic. Wendy's aunt, who owned a house free and clear of any mortgage, gave it to Wendy. Wendy then added Henry on the title document to the house. Wendy and Henry lived in the house. Wendy then began singing with a local band. Some years later, Wendy and the band began traveling and performing across the state. The band was profitable, and Wendy sent money home to Henry and stayed with him periodically. Henry decided to purchase an auto repair garage and applied for a loan from a bank for that purpose. Because Wendy was on the road with her band, Henry forged Wendy's signature on the loan documents without her knowledge. The bank approved the loan, using the house as collateral. Henry purchased the auto repair garage with the loan funds. Title to the auto repair garage was taken in Henry's and Wendy's names in joint tenancy. After a while, Wendy told Henry that the marriage was over. She stopped returning home and also stopped sending money to Henry. She began making independent investments with her earnings. Henry was unable to make the loan payments and the bank demanded payment of the loan in full. Shortly thereafter, Wendy filed for dissolution of marriage. What are Henry's and Wendy's respective rights and liabilities, if any, regarding: (1) the house? Discuss. (2) The bank loan? Discuss. (3) The auto repair garage? Discuss. (4) Wendy's investments? Discuss. Answer according to California law.



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