Real Estate Law
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Good morning. The bank still has the mortgage and note on the property, and if they did not foreclose and gain possession, then they still could be the legal mortgage holder. Unfortunately your rights in the property do not increase if they do not pursue collection or legally foreclose. You should check the county records in the property to determine if any foreclosure action was taken by the bank. If you remain the deeded owner then you still own the property and are legally responsible for it. I hope this helps with your question.