Legal Question in Wills and Trusts in Florida
Can the Executrix (who is also recipient of the estate) be held liable for mortgage deficiencies, once the estate property completes foreclosure process? The deceased was the only one to sign both mortgage and note. Also, could they come after the Executrix' homestead property? (She filed Chapter 13 in 2007.)
Asked on 7/09/12, 4:21 am
1 Answer from Attorneys
Sanford M. Martin
Sanford M. Martin, P.A.
An executor or personal representative is not personally liable for mortgage
deficiencies in such situations; likewise, the homestead property cannot be
taken unless there is some legal relationship binding the executor to the
mortgage or other debt for the property.
Answered on 7/09/12, 5:11 am