Legal Question in Real Estate Law in Florida

My parents hold a mortgage on a commercial property; both are on the mortgage as the lenders. My father recently passed away, can my mother still receive the payments made out to her only? She is on both the mortgage and the deed.


Asked on 3/02/11, 4:00 pm

1 Answer from Attorneys
Richard Kaplan

Yes, if it was held husband and wife, or jointly. However, she may want to consider changing the ownership as part of her estate plan.

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Answered on 3/02/11, 4:39 pm


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