Legal Question in Real Estate Law in Pennsylvania
If you have an open line of credit on a property that has no mortgage, does the open line of credit show as a liability against the property, in the situation of a lawsuit?
Asked on 6/17/15, 7:06 am
1 Answer from Attorneys
John Davidson
Law Office of John A. Davidson
you would have to see if the credit has placed a lien on the property. To do that you need to contact the recorder of deeds for your county.
{John}
Answered on 6/17/15, 7:28 am