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Can you mortgage a land title with 3 ownership

3 posters

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roggiedc

roggiedc
Arresto Menor

Hello. Good day po.

I would like to ask po if they can mortgage/sell a land title if there are 3 owners signed in that land title?

2nd question. Can one owner transfer his 1/3 share of land to his name leaving the other 2 behind?

Thanks and more power.

attyLLL


moderator

yes, if all 3 owners sign the mortgage or if the mortgagee is willing to accept only the part which is owned by the ones willing to sign.

2) yes

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3Can you mortgage a land title with 3 ownership Empty lot property Thu Aug 08, 2013 7:28 pm

hearty04


Arresto Menor

hello poh.. pwede po bah 3 names sa lot title?? ang parents ko kasi gusto na ilipat sa amin ang property kaso nahirapan siya e divide yong property kaya gusto niya saya name namin tatlo ang ilagay sa lot title. pwede po ba yon????

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