I owe a mortgage on my home. Can this property be bequeathed to my beneficiaries?
Yes, the house can be bequeathed to your children, subject to the continuing lien of the mortgage. However, it is more than likely that the...
Montclair, NJ
Contracts and agreements Lawyer at Montclair, NJ
Practice Areas: Contracts & Agreements, Business ... +8 more
Yes, the house can be bequeathed to your children, subject to the continuing lien of the mortgage. However, it is more than likely that the...
You're still the owner of the property. Under standard forms of mortgages, you would be responsible for insurance and taxes.
You're not going to be listed on a stock exchange as an LLC. However, if you just want to sell interests in the LLC, you can do so if you comply...
It's legal, if he agreed to it.
What does your lease provide with respect to parking?
It's not unusual for mortgages to be assigned or sold. It may be that at the time of your mortgage closing, the identity of the assignee or...
Legal or not, is it ethical to accept money for services you haven't performed?
I suggest that you talk to a HUD-approved housing counselor. See the link below.
I'm a bit uncertain how your property could have been transferred if you did not sign a deed. You should gather your papers and have them reviewed...
Generally speaking, a lender needs the original note to sue on the debt, but a copy of the recorded mortgage is sufficient to foreclose the...