My spouse got a mortgage for an investment property that is intended to be used as a rental property for income. I was not listed on the deed nor involved in the mortgage. I was asked to sign, before a notary, a "WAIVER OF HOMESTEAD" document.
The document makes sense to me except the last paragraph which says...
"Further, appearer [me] acknowledges that the aforedescribed property is the separate, paraphernal property of her spouse, Mickey Mouse, under his separate control and administration for his separate use and benefit and she has no interest in the property"
Did I just give away my community property rights to this property in case of divorce or death of my spouse?
Thank you for your help!