Legal Question in Real Estate Law in Illinois
I want to sell my land. My boss gave me the money. to buy it. He won't. sign off the mortgage. lean. Is there anything I can do I have no proffered I payed him off?
1 Answer from Attorneys
i understand your question to be as follows: your boss loaned you money to buy land and secured the repayment of the loan with a mortgage on the property. you paid off the amount you borrowed but didn't get a release of mortgage when you did. you now want to sell the land but he claims you did not pay him off. you should consult a real estate lawyer in the county in which the land is located. without knowing more a quiet title suit might be the remedy. in that you would assert that the mortgage was for a debt that has been paid. hopefully you have receipts, cancelled checks or some other form of proof like perhaps witnesses. good luck.