Detroit Michigan Successor In Interest Intent Questionnaire
Category:
State:
Multi-State
City:
Detroit
Control #:
US-RE-MD-1717889-1
Format:
Word;
Rich Text
Instant download
Description
This is a sample Successor In Interest Intent Questionnaire. A successor in interest means a person to whom an ownership interest in a property securing a mortgage loan subject to this subpart is transferred from a borrower. A successor in interest is an individual who receives an ownership interest in a property securing a Bank mortgage or home equity loan or line when the interest was transferred in one of the following ways: upon the death of a relative, joint tenant, or tenant by the entirety; as a result of a divorce or legal separation; upon a transfer to an inter vivos trust under certain conditions; or upon the transfer from a borrower to a spouse or child. The form may be customized to suit your needs.
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