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What is the procedure for transferring ownership to the buyer after the entire mortgage obligations are paid off?

April 26, 2017buyer entire mortgage obligations ownership paid procedure transferring

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What is the procedure for transferring ownership to the buyer after the entire mortgage obligations are paid off?

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Even where there is a mortgage on the property, the ownership is registered in the name of the buyer. The only difference is that there would be a caveat on the property. Once the mortgage is fully paid out, that is removed.