Legal Question in Real Estate Law in Florida
Is a mortgage still good if there is no activity for over 5 years .and no payments was made at all .and some of the property was sold with out consent and the taxes where not paid
Asked on 5/18/14, 4:47 am
1 Answer from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
The mortgage is valid for five years from the date the last payment is due. Non activity will not end its effect
Answered on 5/18/14, 6:57 am