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Deborah13
Guest
If you own property and have financed it yourself to another party with a written contract, can you foreclose on that property yourself if the other party has not been paying the property owner for six months out of the year?
Also can this party authorize government work to be done on the property without the permission of the legal owner? This party received a grant from FEMA to put in a septic tank without contacting the legal owner. Who will be liable for the repayment of the grant if the owner forecloses on the property? The legal property owner retains title and deed to the property and also pays the taxes on the property yearly. I would appreciate any advice you could give me. Thank You.This is NC.
Also can this party authorize government work to be done on the property without the permission of the legal owner? This party received a grant from FEMA to put in a septic tank without contacting the legal owner. Who will be liable for the repayment of the grant if the owner forecloses on the property? The legal property owner retains title and deed to the property and also pays the taxes on the property yearly. I would appreciate any advice you could give me. Thank You.This is NC.