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<p class="MsoNormal">Listmates, I think I know the common sense answer to this question but I have little faith that common sense applies to most legal matters. Facts- 4 people own a home together. Their names are all on the title with no indication of
percentage or characterization ( JT or TIC or ?). One chucklehead goes and gets a loan without the knowledge or consent of the other 3 and gives a DOT against the property. Chucklehead then dies and loan goes into default. Lender is now foreclosing. The
question is this. Did Chucklehead only encumber an undivided 25% intertest or is there some legal theory that he was able to unilaterally grant a security interest in the entire property to the lender? Thanks much to anyone still in the office on a sunny
Friday. <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><span style="mso-ligatures:none">GOURLEY LAW GROUP</span></b><span style="mso-ligatures:none"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="mso-ligatures:none">THE EXCHANGE CONNECTION</span></b><span style="mso-ligatures:none"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="mso-ligatures:none">SNOHOMISH ESCROW </span>
</b><span style="mso-ligatures:none"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="mso-ligatures:none">P.O. Box 1091<o:p></o:p></span></p>
<p class="MsoNormal"><span style="mso-ligatures:none">Snohomish, WA 98291<o:p></o:p></span></p>
<p class="MsoNormal"><span style="mso-ligatures:none">PH: (360) 568-5065 (800) 291-8401<o:p></o:p></span></p>
<p class="MsoNormal"><span style="mso-ligatures:none">Fax: (360) 568-8092 <o:p></o:p></span></p>
<p class="MsoNormal"><span style="mso-ligatures:none"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;mso-ligatures:none">CONFIDENTIALITY NOTICE: This electronic mail transmission may contain legally privileged, confidential information belonging to the sender. The information is intended only for the use of
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this electronic mail in error, please contact sender and delete all copies</span><span style="mso-ligatures:none">.<o:p></o:p></span></p>
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