Legal Question in Real Estate Law in Indiana

What happens to a mortgage on a property that is lost to tax lien? The mortgage holder did not respond to tax sale notifications issued by the County. Is the mortgage extinguished or is the original property owner liable to repay the mortgage?


Asked on 10/28/14, 10:29 am

1 Answer from Attorneys
Kenneth Wilk Rubino Ruman Crosmer & Polen

The property may be lost to the mortgage holder because of the tax lien. However, the owner is still liable on the mortgage and accompanying note.

Read more
Answered on 10/29/14, 12:22 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Indiana