Legal Question in Consumer Law in California
If i do a deed in lieu of forclosure, would this mean i would
not be responsible for the back tax that is owed on the property.
this is a private lender loan.
Asked on 8/16/12, 3:06 pm
1 Answer from Attorneys
That is correct. The tax runs with the land. It would be good, however, to have the lender confirm that they understand that by taking a deed in lieu the tax lien remains.
Answered on 8/16/12, 3:15 pm
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