Is it legal in Maryland to take out a home equity loan that is jointly owned and without the consent of one of the owners?
Michael's answer
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Answered on September 09, 2012
Tom is correct in saying that unless both owners of the property have signed a mortgage, it will not be a lien against the property.
However,...
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On house title but not mortgage what am I liable for?
Michael's answer
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Answered on September 07, 2012
As a general matter, you are only responsible for debts that you signed for. Therefore, if you did not sign the original note promising to pay the...
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Need to have my Deed revised. Would like to have my oldest son's name removed but may not be able to obtain his signature.
Michael's answer
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Answered on September 04, 2012
You cant remove someone from title to property without their consent (their signature) or a court order. Unless you have a legal reason to remove...
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Is a real estate contract binding in Maryland if there is an initial missing.
Michael's answer
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Answered on August 22, 2012
Tom's answer is correct. Just to amplify it a bit, a real estate purchase contract usually contains many provisions, some of which may allow you...
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Do I have the legal right to exclude a sibling in a land sale if said sibling refused to contribute to pay to taxs in 20 yrs
Michael's answer
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Answered on August 17, 2012
The analysis of your question has two parts.
As to ownership of the property, all of the owners need to participate in the sale. Therefore all...
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If the deed doesn't state whether the person with life of estate has powers, do they have power?
Michael's answer
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Answered on August 06, 2012
I would have to actually see the deed to answer the question that you pose, since I am not entirely certain from your description exactly what the...
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Can you openly attempt adverse possession? Two years ago my neighbors got in an argument over their property line.
Michael's answer
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Answered on July 30, 2012
Tom is correct in stating that adverse possession requires 20 years of occupancy. If you have obtained a true boundary survey that accurately...
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Can a Mortgage Insurance Company request a Promissory Note to be signed by the owner at settlement is this legal in Maryland?
Michael's answer
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Answered on July 19, 2012
A short sale involves your lender agreeing to release the lien on your house although they are receiving an amount amount that is less than the...
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7 yrs after closing on my house, I receive a letter from a law firm saying that the Deed of Trust has not been recorded.
Michael's answer
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Answered on May 30, 2012
As a general matter, if anyone asks you to sign a document of any kind that you do not understand, you should have it explained to you. If it is a...
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Does the State of Maryland require a title search for every draw payment on a residential construction loan?
Michael's answer
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Answered on May 16, 2012
Maryland law does not say anything on the subject. The lender decides whether or not to require title bringdowns and endorsements to the policy.
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