Legal Question in Real Estate Law in New York
When someone signs for the mortgage on a property and the deed of trust but not the Note, what is exactly his status for the mortgage payment, a cosigner or a co-borrower?
Asked on 1/12/17, 4:47 am
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
If they did not sign the note, they have no obligation to pay.
Answered on 1/12/17, 4:55 am
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