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property deed

Posted on: 30th Nov, 2011 07:33 am
I have property in Louisiana and my atterney never gave me the deeds to the Seccesion of my father how do i go about getting a deed to the property I have been paying the taxes on the property for 11 years now and they tell me i dont own the property
Hello Belinda,

In order to be the owner of real property you must be named as grantee on the deed. If your name is on the mortgage but not on the deed you have obligated yourself to pay for real property you do not own. If the primary borrower defaults the lender will go after you for full payment of the mortgage yet you do not own the property.


:idea:
Posted on: 30th Nov, 2011 05:26 pm
Hi Belinada,

You will need to check with your individual state laws. Generally, if you were only added to title via "QUIT CLAIM" they can not come after you for the mortgage liability. If you are not on the mortgage, you are not on the loan. However the property will still be gone.



:shock:
Posted on: 30th Nov, 2011 05:33 pm
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