Legal Question in Real Estate Law in New York

I sold a building 5 years ago and I held the mortgage. The purchaser never paid the taxes, so the tax liens were purchased. The new owner told the purchaser that my mortgage is null and void. My question is- is there a statute of limitations on my mortgage? Can someone just declare my mortgage invalid if it is not satisfied. thank you for your response


Asked on 1/30/11, 3:04 pm

1 Answer from Attorneys
Thomas Sirianni The Law Office of Thomas A. Sirianni

Your question would need more fact for me to be able to give you a good answer. Feel free to call me at 516-314-1343. That is my direct number and gets forwarded to my cell phone so call me anytime.

Tommy

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Answered on 2/11/11, 11:38 am


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