Legal Question in Real Estate Law in California

Owners of a family trust are carrying the first mortgage on the sale of a residence. If the owners both die, what is the position of the mortgagee?


Asked on 11/13/14, 3:54 pm

1 Answer from Attorneys
William Christian Rodi Pollock

If the trust is the beneficiary of the secured deed of trust, the trust continues as the creditor until the debt is paid.

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Answered on 11/13/14, 4:04 pm


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