Legal Question in Real Estate Law in Ohio

Can I do an interspousal transfer deed on a house that has a lien?


Asked on 8/09/15, 1:38 pm

1 Answer from Attorneys
Thomas Sacerich Thomas J. Sacerich, Attorney at Law

I assume you mean can I transfer real estate to my spouse when there is a lien on the property. The answer is yes but the lien is still on the property.

Be careful however, if the lien is a mortgage there may be a due on sale clause in the mortgage that will allow the mortgage company to require you to pay the mortgage off once you transfer it out of your name.

Read more
Answered on 8/14/15, 6:37 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Ohio