When The Seller Signs The Deed Over To You, How Do They Still Have Rights?

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How are they still in possession of the property? I would think, they would only have their mortgage left. Am I missing something?

Quinn

Comments(1)

  • DerrickAli18th October, 2003

    Quinn:

    Nice to meet you!

    Down here in good ole jxn county MI I always make sure I get athe Deed and Pwr of Atty. + Agreement+ Estoppel Affidavit NOTARIZED and SIGNED !

    I call this my CYA in case the Owner turns out to be a total loser/con-artist looking to get a hold of my cash then change their mind about the deal.

    Anyway maybe I'm giving you the wrong answer...please provide more details as to what you are trying to accomplish?

    Why exactly are you worried about the owner's rights after granting you the deed???

    Here waiting with baited breath...

    Derrick

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