Goodlettsville, TN asked in Real Estate Law for Virginia

Q: how do you transfer the deed on a home and land that still has a mortgage against it?

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1 Lawyer Answer
Richard Sternberg
Richard Sternberg
Answered
  • Potomac, MD
  • Licensed in Virginia

A: You sell it, which, in most but not all cases, triggers the due on sake clause, so you pay off the mortgage with the buyer or grantee taking out their own mortgage note.

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