What is the meaning of successor-in-interest?

Answer 1

A successor in interest is someone who follows another in owning or controlling property. They retain the same rights as the original owner. For example:

• Benjamin James purchased his home from Jane Seymour. James is Seymour's successor in interest.
• Bank of America assigned James's mortgage to Wells Fargo. Wells Fargo is BOA's successor in interest.

A successor in interest is someone who follows another in owning or controlling property. They retain the same rights as the original owner. For example:

• Benjamin James purchased his home from Jane Seymour. James is Seymour's successor in interest.
• Bank of America assigned James's mortgage to Wells Fargo. Wells Fargo is BOA's successor in interest.

A successor in interest is someone who follows another in owning or controlling property. They retain the same rights as the original owner. For example:

• Benjamin James purchased his home from Jane Seymour. James is Seymour's successor in interest.
• Bank of America assigned James's mortgage to Wells Fargo. Wells Fargo is BOA's successor in interest.

A successor in interest is someone who follows another in owning or controlling property. They retain the same rights as the original owner. For example:

• Benjamin James purchased his home from Jane Seymour. James is Seymour's successor in interest.
• Bank of America assigned James's mortgage to Wells Fargo. Wells Fargo is BOA's successor in interest.

Answer 2

A successor in interest is someone who follows another in owning or controlling property. They retain the same rights as the original owner. For example:

• Benjamin James purchased his home from Jane Seymour. James is Seymour's successor in interest.
• Bank of America assigned James's mortgage to Wells Fargo. Wells Fargo is BOA's successor in interest.

Answer 3

A successor in interest is one who follows another in ownership or control of a property. For example: If you sold your home the new owner would be your successor in interest.

Answer 4

That phrase would refer to future owners.