Legal Question in Real Estate Law in New York

equity

what is equity,


Asked on 6/19/08, 12:13 am

1 Answer from Attorneys
jeffrey lazroe Jeffrey A. Lazroe attorney at law

Re: equity

Equity is the money you would receive in the sale of the house after payment of all debt including mortgage which is a lien on the house.

If you need further information, please feel free to contact me.

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Answered on 6/19/08, 10:13 am


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