It can be done simply because a deed transfer is a simple action between two parties. It will not remove the security lien. It could activate a due on sale clause in the mortgage loan where the lender would call the note and expect payment in full.
It can be done simply because a deed transfer is a simple action between two parties. It will not remove the security lien. It could activate a due on sale clause in the mortgage loan where the lender would call the note and expect payment in full.