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WiseOwl58
WiseOwl58, Lawyer
Category: Real Estate Law
Satisfied Customers: 3678
Experience:  Experienced real estate lawyer and real estate broker.
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If i subdivided and sold a piece off not aware that a partial

Customer Question

if i subdivided and sold a piece off not aware that a partial release form the mortgage holder had not been sought or given what are my liabilities? Sale completed 8 years ago and now remainder has been foreclosed and auctioned but with the wrong description.
Submitted: 2 years ago.
Category: Real Estate Law
Expert:  WiseOwl58 replied 2 years ago.
You have no liability here, because it is beyond the statute of limitation under new york law.