My grandmother left her property to my brother and I.
My brother is purchasing my portion of the property by paying 10% down and the balance due November 1st.
I would like to draw up a Promissory Note Secured by Deed of Trust because that is what I am familiar with living in California. However, Wyoming law is "Mortgage" state....so does the document need to be different than what I am proposing because the property is in Wyoming? Does it need to be called something different?
thank you for your help.
KSWhat is the name of your state?
My brother is purchasing my portion of the property by paying 10% down and the balance due November 1st.
I would like to draw up a Promissory Note Secured by Deed of Trust because that is what I am familiar with living in California. However, Wyoming law is "Mortgage" state....so does the document need to be different than what I am proposing because the property is in Wyoming? Does it need to be called something different?
thank you for your help.
KSWhat is the name of your state?