Legal Question in Real Estate Law in Massachusetts
owner of house
three people originally signed all the paperwork for a house. years later a bank bought out the mortgage and omitted one of the names. all the paperwork for the house comes in two names except the waterbill. Who owns the house
3 Answers from Attorneys
Re: owner of house
The names on the Deed controls ownership not the names on the mortgage or the mortgage statement.
Re: owner of house
You may be confusing ownership with the mortgage. When you say the bank bought the mortgage what do you mean?
The answer to this question may provide the solution to your question.
Re: owner of house
Whoever's name appears on the DEED that is recorded with the county registry of Deeds. Mortgage and waterbills are just issues about who is responsible for paying those bills.
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