{"ok":true,"canonical_url":"https://dealroom.so/glossary/spousal-consent-form","api_url":"https://dealroom.so/api/public/glossary/spousal-consent-form","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"spousal-consent-form","term":"Spousal Consent Form","group":"People and paperwork","definition":"If your spouse has an interest in collateral pledged for the loan, such as your home, they must sign this form. It confirms their awareness and agreement to the lien on the shared asset.","what_it_means":"This form is required when personal assets, like a shared home, are used as collateral for your SBA loan. Your spouse is not personally guaranteeing the business debt, but they are acknowledging and consenting to the lender placing a lien on that joint property. Ensure they understand the distinction between consenting to a lien and providing a personal guarantee.","url":"https://dealroom.so/glossary/spousal-consent-form","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"}],"related":[{"slug":"personal-guarantee","term":"Personal guarantee","url":"https://dealroom.so/glossary/personal-guarantee"},{"slug":"collateral","term":"Collateral","url":"https://dealroom.so/glossary/collateral"},{"slug":"promissory-note","term":"Promissory Note","url":"https://dealroom.so/glossary/promissory-note"},{"slug":"lien","term":"Lien","url":"https://dealroom.so/glossary/lien"}],"related_questions":[{"question":"Does the lender need to collect separate consent forms for background checks from non-owner spouses?","url":"https://dealroom.so/for-lenders/questions/does-the-lender-need-to-collect-separate-consent-forms-for-background-checks-from-non-owne"},{"question":"Is member or board consent needed for an SBA partner buyout?","url":"https://dealroom.so/sba-7a/questions/is-member-or-board-consent-needed-for-an-sba-partner-buyout"},{"question":"Beyond Form 1919, which other mandatory SBA forms are essential for every 7(a) loan application?","url":"https://dealroom.so/for-lenders/questions/beyond-form-1919-which-other-mandatory-sba-forms-are-essential-for-every-7-a-loan-applicat"},{"question":"What specific collateral modifications can a lender approve without seeking prior SBA consent?","url":"https://dealroom.so/for-lenders/questions/what-specific-collateral-modifications-can-a-lender-approve-without-seeking-prior-sba-cons"},{"question":"Which specific collateral modifications can a lender approve without seeking prior SBA consent?","url":"https://dealroom.so/for-lenders/questions/which-specific-collateral-modifications-can-a-lender-approve-without-seeking-prior-sba-con"},{"question":"Beyond Form 1919, what specific additional forms are always required for a business acquisition loan involving real estate?","url":"https://dealroom.so/for-lenders/questions/beyond-form-1919-what-specific-additional-forms-are-always-required-for-a-business-acquisi"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Spousal Consent Form","url":"https://dealroom.so/glossary/spousal-consent-form","source_type":"DealRoom Data"}}