Documents cannot be legally notarized unless all participants are present with the required identification. Likewise when refinancing or using a line of equity all involved parties must be present at the signing of documents. The exception would be a representative of the borrower(s) who has POA or other legal instrument allowing the action.
Of course not. When a property owner gives a mortgage to the bank they must sign over an interest in their property so that if they default on the mortgage the bank can take possession of the property by forelosure. You cannot pledge property as security for loan if you don't own the property. Granting a mortgage to a lender requires the consent and signature of the owner.Of course not. When a property owner gives a mortgage to the bank they must sign over an interest in their property so that if they default on the mortgage the bank can take possession of the property by forelosure. You cannot pledge property as security for loan if you don't own the property. Granting a mortgage to a lender requires the consent and signature of the owner.Of course not. When a property owner gives a mortgage to the bank they must sign over an interest in their property so that if they default on the mortgage the bank can take possession of the property by forelosure. You cannot pledge property as security for loan if you don't own the property. Granting a mortgage to a lender requires the consent and signature of the owner.Of course not. When a property owner gives a mortgage to the bank they must sign over an interest in their property so that if they default on the mortgage the bank can take possession of the property by forelosure. You cannot pledge property as security for loan if you don't own the property. Granting a mortgage to a lender requires the consent and signature of the owner.
Notaries do not notarize documents. They notarize signatures, and they are only permitted in the state by which they are licensed. It does not matter what the document is. If the document is signed in Pennsylvania in the presence of a Pennsylvania notary, that notary can notarize the signature. If the document is signed in any other state, or outside of the presence of the notary, the notary cannot notarize the signature.
No. The life tenant no longer owns the property. The signature of the fee owners would be required as well as the signature of the life tenant.No. The life tenant no longer owns the property. The signature of the fee owners would be required as well as the signature of the life tenant.No. The life tenant no longer owns the property. The signature of the fee owners would be required as well as the signature of the life tenant.No. The life tenant no longer owns the property. The signature of the fee owners would be required as well as the signature of the life tenant.
A commercial mortgage company called Signature Associates (signatureassociates.com) services your area along with Lansing, Grand Rapids and Kalamazoo.
Property and/or homeowners have a Mortgage
Ownership depends on the names on the deed to the property and not the mortgage. The right to sell depends on who owns the property. All the grantees on the deed have to sign the instrument conveying the property to a new owner. If the wife's was a grantee on the deed, her signature is needed to convey the property to a new owner.If his wife's name is not on the acquisition deed for the property then a husband may sell the property without her signature on the deed in most jurisdictions that are separate property states. However, in community property states a spouse must consent to the conveyance. At one time a wife had something called a "dower interest" in her husband's solely owned property and she would need to sign any deed conveying the property. However, dower has been abolished in most states. You should seek the advice of a local attorney to determine what your rights are and how the deed must be executed in your jurisdiction.
The difference between renting a property and having a mortgage is that when you have a mortgage you are buying the property.
Your property in Michigan would not be affected by your mortgage in Florida.Your property in Michigan would not be affected by your mortgage in Florida.Your property in Michigan would not be affected by your mortgage in Florida.Your property in Michigan would not be affected by your mortgage in Florida.
Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.
bank mortgage was never recorded with the county. what happens
Your interest in the property cannot be sold without your consent and signature. If your ex-spouse sells the property he/she can only sell a half-interest.
There is no antonym of mortgage. The opposite of owning a property that is encumbered by a mortgage is owning a property that is free of any debt.