<div dir="ltr"><div class="gmail_default" style="font-family:arial,sans-serif">I do not hold any belief to be an expert on the Garn-St. Germain act, but there are specific provisions pertaining to the "due on sale" clause. The fact that they are not married, I would believe, kicks this into a (d)(3) situation - <span style="color:rgb(51,51,51);font-family:Verdana,"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:16px">a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; - but as you can see the requirement is that they were joint tenants on the title. </span></div><div class="gmail_default" style="font-family:arial,sans-serif"><span style="color:rgb(51,51,51);font-family:Verdana,"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:16px"><br></span></div><div class="gmail_default"><font color="#333333" face="Verdana, Helvetica Neue, Helvetica, Arial, sans-serif"><span style="font-size:16px">Normally, I would agree with everything Dalynne says....however, I have a current probate where the note is held by US Bank (yes, I am naming names) and they are being VERY AGGRESSIVE to obtain proof that the person who is inheriting will be doing so under the terms of the Act.....I believe that with the mortgage rates rising substantially that we are going to see many more banks take interest in following the strict letter of the Act because they would love nothing more to either a) refinance to a higher interest rate or b) have the property sold and taken off the books as a liability where they will increase their cash on hand that said bank can then re-lend to someone else at a higher rate. </span></font></div><div class="gmail_default"><font color="#333333" face="Verdana, Helvetica Neue, Helvetica, Arial, sans-serif"><span style="font-size:16px"><br></span></font></div><div class="gmail_default">Just my two cents on this. </div><div class="gmail_default" style="font-family:arial,sans-serif"><span style="color:rgb(51,51,51);font-family:Verdana,"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:16px"><br></span></div><div><div dir="ltr" data-smartmail="gmail_signature"><div dir="ltr"><div dir="ltr"><p><b><span style="font-family:"Times New Roman",serif">Brent
Williams-Ruth</span></b><span style="font-family:"Times New Roman",serif"> (pronouns: he/him)<br>
<i>Attorney-At-Law</i></span></p><p><b><span style="font-family:"Times New Roman",serif">Law
Offices of Brent Williams-Ruth, </span></b><b><span style="font-family:"Times New Roman",serif"><font size="1">a division of BWR Consulting, PLLC</font></span></b><b><span style="font-family:"Times New Roman",serif"></span></b></p><p><b><span style="font-family:"Times New Roman",serif">Physical Address: 500 S 336th Street, Suite 214; Federal
Way, WA 98003</span></b><span style="font-family:"Times New Roman",serif"></span></p><p><b><span style="font-family:"Times New Roman",serif"><font color="#ff0000">**EFFECTIVE IMMEDIATELY**</font> All mail sent through the USPS should be sent to the following address: </span></b><b><span style="font-family:"Times New Roman",serif">PO BOX 3319; Federal Way, WA 98063 </span></b></p><p><span style="font-family:"Times New Roman",serif">Office/Scheduling
Phone:<span style="color:#004080"> </span><font color="#ff0000">(253) 285-7751</font></span></p><p><span style="font-family:"Times New Roman",serif">Direct:<font color="#ff0000"> (253) 285-7453</font></span></p><p>
</p><p><span style="font-family:"Times New Roman",serif"><a href="mailto:Brent@Williams-RuthLaw.com" target="_blank">e-mail</a> / <a href="http://www.williams-ruthlaw.com/" target="_blank">website</a> /</span><span style="font-size:9.5pt;font-family:"Times New Roman",serif"> </span><span style="font-family:"Times New Roman",serif"><a href="http://www.facebook.com/bwrlaw" target="_blank"><span style="font-size:9.5pt">facebook</span></a></span><span style="font-size:9.5pt;font-family:"Times New Roman",serif"> / </span><span style="font-size:12.0pt;font-family:"Times New Roman",serif"></span></p></div></div></div></div><br></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Thu, Jun 30, 2022 at 8:17 AM Suzanne Lieberman <<a href="mailto:suzanne@cmslawfirm.com" target="_blank">suzanne@cmslawfirm.com</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div dir="ltr">Hello,<div><br></div><div>If an unmarried surviving partner inherit's decedent's real estate and partner is the sole beneficiary under decedent's will, the lender can't call the note under the federal regulations, correct (the partner can maintain the mortgage terms, if a regular mortgage)?</div><div><br clear="all"><div><div dir="ltr"><div dir="ltr"><div><div dir="ltr"><div style="color:rgb(80,0,80)"><div>Sincerely, </div><div><br></div><div>Suzanne Lieberman</div></div><div style="color:rgb(80,0,80)"><a href="http://cmslawfirm.com/" style="color:rgb(17,85,204)" target="_blank">CMS Law Firm LLC</a></div><div style="color:rgb(80,0,80)"><b>811 Kirkland Ave. Suite 201 </b>(please note new address!)<br></div><div style="color:rgb(80,0,80)">Kirkland, WA 98033</div><div style="color:rgb(80,0,80)">206-383-6484 (Cell Phone)</div><div style="color:rgb(80,0,80)">206-659-1512 (Main Office)</div><div style="color:rgb(80,0,80)"><br></div><div style="color:rgb(80,0,80)"><br></div><div style="color:rgb(80,0,80)">Legal stuff I have to put in... <i>To ensure compliance with Treasury Department and IRS regulations, we inform you that, unless expressly indicated otherwise, any federal tax advice contained in this communication (including any attachments) is not intended or written by CMS Law Firm LLC to be used, and cannot be used by the taxpayer, for the purpose of: (i) avoiding penalties that may be imposed on the taxpayer under the Internal Revenue Code; or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein (or any attachments).</i></div></div></div></div></div></div></div></div>
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