How do I notify the mortgage company I am the owner by joint tenancy of the deceased?

Full question:

I have quitclaim deed by way of joint tenancy, with rights to survivorship. The mortgage is not in my name. I want to pay-off, negotiate, or sell the property however, I am not the personal representative for the deceased mortgagor, so the mortgage company will not talk with me. Basically, I own the deceased interest in the property and am being prevented from obtaining it. What are my options?

  • Category: Real Property
  • Subcategory: Mortgage Satisfaction
  • Date:
  • State: Arkansas

Answer:

Try sending the mortgage company a certified copy of the deed and a certified copy of the death certificate of the deceased joint owner.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

No, a quitclaim deed does not remove someone from a mortgage. It transfers ownership rights of the property but does not affect the mortgage obligation. The mortgage remains with the original borrower unless they refinance or pay off the loan.

Sign in with Google
Sign in with Google