Legal Question in Real Estate Law in Arizona
two trust deed one loan
is it legal for a senior loan to record two trust deed i mean two not one note and one trust deed but two trust deed and one loan at closing in arizona
Asked on 5/21/09, 10:58 pm
1 Answer from Attorneys
Donald Scher
Donald T. Scher & Associates, P.C.
Re: two trust deed one loan
It sounds like the recorder mistakenly recorded the same Deed of Trust twice. It does not create 2 liens or 2 loans. You should check with the title insurance company and see what they say.
Answered on 5/22/09, 12:35 am