Legal Question in Real Estate Law in Massachusetts
If two people own commercial property in Massachusetts as joint tenants and one co-owner deeds his/her ownership interest to the other co-owner, is this a breach of the due-on-sale/alienation clause (paragraph 18) in the mortgage and constitute grounds for foreclosure?
Asked on 3/05/13, 11:22 am
1 Answer from Attorneys
henry lebensbaum
Law Offices of Henry Lebensbaum (978-749-3606)
i would think so. Consult a lawyer ASAP
Answered on 3/31/13, 6:22 pm