Mortgage under deceased ex spouse

[Natalie Stokes]

Hello,

My short term rental prop is titled under a Nevada LLC that I am now the managing member of. The mortgage is under my deceased ex spouse solely.

I am currently in escrow to sell and seeking advice regarding the mortgage that is not in my name and never has been.

thoughts?

[Greg Scott]

I would think that if the mortgage was recorded properly, it will simply be paid off.

This is a question that you probably should have asked of the title company / lawyer before going under contract.  I recommend you contact them immediately.

It would be worth checking with your CPA if there are any tax-related issues or filing requirements you should know in advance.