Legal Question in Real Estate Law in Virginia
If I am on a deed of trust and not on the mortgage am I responsible for the mortagage loan and am I still entitled to part ownership of the house?
Asked on 2/16/11, 4:26 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
A deed of trust is the same as a mortgage and, no, unless you are on the
actual deed itself, you are not entitled to part ownership of the house
merely from the fact that you are on the deed of trust(mortgage).
Answered on 2/17/11, 7:02 am