Legal Question in Real Estate Law in Florida
mortgages
is it legal for a title insurance company to issue a mortgage on property with a known lein on it
Asked on 10/20/06, 11:38 am
1 Answer from Attorneys
Robert Stanz
Hardin & Stanz, P.A.
Re: mortgages
Was it a purchase money mortgage? The question is not whether a title company can issue a mortgage (title companies do not issue mortgages) but whether the prior lien has priority over the mortgage. Two more questions:
1) Was the mortgagee was aware of the lien?
2) What type of lien?
Answered on 10/20/06, 12:28 pm