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Yes. The trustee must sign the mortgage as the owner of the property.

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17y ago

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Related Questions

How can you purchase real property directly into the irrevocable trust?

you'd need to get a Loan against the house


Can the HOA put a lien on an irrevocable trust property?

It is unlikely that an irrevocable trust gives the property any immunity from liens.AnswerYes. If the property is owned by an irrevocable trust the HOA can place a lien against the property and the trust. The HOA should research the trust so that the present trustees can be mentioned on the lien. Although debts are sometimes difficult to collect from a trust, the property cannot be sold or mortgaged unless the lien is paid.


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Any creditor that has obtained a judgement against you can attach a lien to any real property you own.


Do federal law enforcement authorities need a conviction to initiate asset forfeiture proceedings?

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How do you make a sentence with the word of initiate?

I am going to initiate divorce proceedings against my wife.


Can dept collector sell your home?

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The judgment is against the person, not the property.


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What does it mean when someone puts a lien on your home in California?

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Who holds the title to the property in a lien theory state?

In a lien theory state, the borrower holds the title to the property while the lender has a lien against it as security for the loan. This means that the borrower retains ownership and the right to occupy and use the property, but the lender has a claim on it in case of default. If the borrower fails to repay the loan, the lender can initiate foreclosure to recover the owed amount.


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