My father was the private mortgage lender to a house. He has since passed away. My mother will be receiving final payment for the house. Should the buyer file a quiet title since my father is no longer here to file a satisfaction of mortgage?
You would likely need to contact an attorney. Additional facts are needed. Among the facts needed would be whether an estate was opened and if a personal rep was appointed. You could potentially avoid a quiet title if the estate is able and has legal authority to satisfy.
His estate can file the satisfaction. All that needs to be done is a personal representative appointed in probate court who can execute the satisfaction. The money belongs to the estate anyway.
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