Posted on: 09th Nov, 2010 09:07 pm
I filed amortgage deed and put the wrong piece of property on the mortgage deed , how do i fix this?
hi kennell,
welcome to mortgage fit,
in order to modify the deed you don't have to cancel it all together. rather you should only have to make a 'novation'. novation is the simple process to modify the existing legal contracts with consent from all the concerned persons who are related to the deal.
you may contact your lender for this proposal of novation.
feel free to ask any further query if you have..........
dipa
welcome to mortgage fit,
in order to modify the deed you don't have to cancel it all together. rather you should only have to make a 'novation'. novation is the simple process to modify the existing legal contracts with consent from all the concerned persons who are related to the deal.
you may contact your lender for this proposal of novation.
feel free to ask any further query if you have..........
dipa