Maryland | Real Estate Law
11/13/07, 9:22 pm
Legal Question
home equity loan with a life estate
a life estate holder in maryland has gotten a home equity loan secured by a deed of trust. the deed of trust states several times that she is a fee simple owner. the land deed on the property clearly states she is not. also, the deed of trust is stamped no title insurance required. does this mean a title search was not done. secondly, can the heirs of this property sell their share while the life estate is still in effect.
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