Legal Question in Real Estate Law in New York
My mom owned a home and she died a few weeks ago, her name was the only name on the deed. The home still has a small mortgage on it. Do I have any legal right to this home, or do the bank own it.
1 Answer from Attorneys
It depends on whether or not she had a will and whether their are any siblings or a surviving spouse.
If you are her sole heir and there is no will, you own the house subject to the mortgage and any other debts of her estate.
In examining this response, please note that we are not entering into an attorney/client relationship, that this is to be taken as informative, and not as legal advice, that it is always best to speak to a lawyer in your area and/or in the area where the transaction and/or events occurred, and that my answer is necessarily limited by the fact that I have not seen the documentation or had an opportunity to go over the matters with you in detail.