Legal Question in Real Estate Law in New York

I bought property that I no longer con make payments on. If the owner forcloses will I be responsible for his legal costs of forclosure?


Asked on 12/23/13, 7:50 am

2 Answers from Attorneys
David Slater David P. Slater, Esq.

Read your note and mortgage. Probably yes.

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Answered on 12/23/13, 7:54 am
Walter LeVine Walter D. LeVine, Esq.

I agree with David. Both usually require the borrower pay all legal fees whenever there is a default in payment.

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Answered on 12/23/13, 10:44 am


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