The Docket: Recorded Life Estate Equitably Subordinated to Mortgage

July 20, 2017

Lance Pomerantz reviews a recent New Jersey case holding a recorded life estate can be equitably subordinated to a new mortgage, even if the life tenant did not consent to the new loan. Read on to learn how this case impacts the title industry.

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.