Legal Question in Real Estate Law in New York
equity
what is equity,
Asked on 6/19/08, 12:13 am
1 Answer from Attorneys
jeffrey lazroe
Jeffrey A. Lazroe attorney at law
Re: equity
Equity is the money you would receive in the sale of the house after payment of all debt including mortgage which is a lien on the house.
If you need further information, please feel free to contact me.
Answered on 6/19/08, 10:13 am
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