Legal Question in Real Estate Law in North Carolina

What legal recourse do i have if an llc. defaults on my second (a purchase money note) but has not defaulted on the first in nc. is there anything i can do other than foreclosure to recoop. is it possible they walk away with both the property and not paying?


Asked on 11/29/09, 8:27 am

1 Answer from Attorneys
Jeff Rosner Rosner Law Firm P.A.

You would foreclose. You may not get much since the foreclosure is subject to the first deed of trust but the LLC will not be able to keep the property.

Read more
Answered on 12/04/09, 9:19 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in North Carolina