Legal Question in Real Estate Law in Georgia

Real Estate/Mortgage

As co-signer on a mortgage, the owner passes away and the will gives the property to a relative, (I'm not related) who owns the property?


Asked on 6/01/09, 3:53 pm

1 Answer from Attorneys
Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys

Re: Real Estate/Mortgage

Being a co-signer on a mortgage does not create ownership rights in property. Only a deed may do that. If you are on the deed, it depends on how you held title.

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The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.

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Answered on 6/01/09, 4:07 pm


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