Archived
How can someone who has a shared mortgage, can transfer the share of her property ownership to her spouse?
Martin's answer
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Answered on August 25, 2015
The Promissory Note uses the term "Jointly and severely", basically saying that the bank can go after any or all of the borrowers in any order to...
Archived
How do I find out if the bank made a profit in my foreclosure?
Martin's answer
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Answered on August 25, 2015
If a 3rd party bought the property at auction for a price higher than your total debt, including collection costs, foreclosure costs and attorney...
Archived
Can a property listed as secondary home for mortgage be converted to Investment property after Purchase.
Martin's answer
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Answered on August 20, 2015
As was correctly stated by Attorney Cooper, you need to discuss this with your lender. There are very specific guidelines as to exactly what a...
Unit Deed vs Master Deed
Martin's answer
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Answered on August 14, 2015
In 30 years of practice I have never seen a cap on reserves or any similar provision in a Unit deed. That said, there could be language in the unit...
Archived
Neighbor in condo building repeatedly hospitalized. He has been shaking and loses physical control. What can the building do?
Martin's answer
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Answered on August 13, 2015
I don't see this as a legal question, more of a concerned neighbor. You should look for social service organizations within your community, either...
Archived
What deed can be used when you are given the right to build a house on land which you do not own but are given rights to?
Martin's answer
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Answered on August 13, 2015
That would be a "Leasehold" interest. Normally it is created by recording of a "Notice of Lease" to establish your rights and the land owner's (Fee...
Archived
QUESTION PEOPLE,
1/ mortgage note, on same day as signing on the mortgage and note was endorsed over without recourse to
Martin's answer
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Answered on August 12, 2015
The mortgage is good. A lender has an absolute right to sell and/or transfer the note and mortgage. It is extremely common. It is also likely to...
Archived
Should I sell my home for quick cash?
Martin's answer
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Answered on August 11, 2015
Those home buying companies typically will pay way under market. Talk to a broker in your area to get a good sense as to what your home is worth as...
Archived
Does a P&S agreement for a property including a detached garage supersede a month-to-month rental agreement for that garage?
Martin's answer
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Answered on August 10, 2015
Something smells fishy here. Did you have an attorney represent you on the P&S? Is there a provision addressing the garage issue? If no provision,...
Archived
Greetings - purchased basin water front property 1 year ago and the retaining wall is fallong apart - wall never built to design
Martin's answer
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Answered on August 07, 2015
I agree with the other 2 answers but want to bring in one more potential question. When the title was examined was a Conservation Commission Order...
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