Legal Question in Real Estate Law in New York
transferring a deed
Can A transfer a deed to B if A has the mortgage the property?
Asked on 6/19/08, 6:15 pm
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: transferring a deed
Yes, however the lien is not discharged and the obligation of the debt still remains with A. Furthermore, the transfer may violate the terms of the mortgage.
Mike.
Answered on 6/19/08, 6:30 pm
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