Is property settlement (private mortgage) taxable
I see a few issues that arisefrom the above query, and not necessarily in any priority order: 1) taxable interest income; 2) imputed interest...
Staten Island, NY
Real estate Lawyer at Staten Island, NY
Practice Areas: Real Estate
I see a few issues that arisefrom the above query, and not necessarily in any priority order: 1) taxable interest income; 2) imputed interest...
Either of you can initiate and force a sale bu means of bringing an Action in Partition. This is essentially a forced sale.
If the recorded easement exists and is properly recorded as against your real estate, it should be on record in the Recorder's Office (County...
If this Mortgage was omitted in your Owner's Policy, and it still remains open of record, albeit paid-in-full, you should be contacting the Title...
If the C&R's are properly in the chain of title you then most likely closed and took title to the burdens and obligations they impose.
Retain an attorney who concentrates in the area of real estate law and be certain to explore with him/her the following non-exhaustive issues: 1)...
A prudent decision would have been to convey your interest in the real estate simultaneously with your ex-spouse's refinancing of the real estate...
You have to hope that he co-operates and if he chooses to remain on the title to the real estate then he continues as an owner on par with you.
The Lender may foreclose on the Mortgage and/or sue you personally and enter a judgment against you for any deficiency that may ensue if the real...
Do you have a writing that corroborates it as being only a loan?