Legal Question in Real Estate Law in California
forclosure
i bought property from a private party, he carries my note he wrote me a letter stating that i have 6 weeks to extend a culvert on the main road leading to the property or he will forclose on me, i have never missed a payment on the loan and all taxes are current i did have an agreement with him at time of purchase to cover the culvert to get acess to the properties, my question is what type of forclosure is he trying to do?
Asked on 7/13/08, 4:56 pm
1 Answer from Attorneys
Mitchell Roth
MW Roth, Professional Law Corporation
Re: forclosure
Ordinarily the type of obligation you describe is not a secured transaction covered by a mortgage or deed of trust. I don't think he can foreclose for that reason, but I'd have to review the paperwork to be definitive.
Answered on 7/15/08, 9:13 pm