Legal Question in Real Estate Law in California
I am the owner of the apartment building, but the mortgage is in the name of my deceased partner. What is my legal obligation to his spouse?
Asked on 7/08/15, 5:04 pm
1 Answer from Attorneys
William Christian
Rodi Pollock
Pay the mortgage. How did you get title form your former partner? Was a transfer deed recorded? The security interest wil follow the property. Did you check to see if there was a due on transfer restriction in the mortgage, so that the bank may now call itas due in full?
Answered on 7/09/15, 3:51 pm
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