Re: 2 duplexes on one deed - Posted by JPiper
Posted by JPiper on January 24, 2001 at 10:38:51:
The question is whether these duplexes are separate parcels. This isn’t clear from your post to me. If they are separate parcels then the fact that they are on “one deed” is irrelevant…they could be deeded separately. I’ve bought packages from lenders where the properties were deeded on one deed, but each property was a separate parcel and legal description. If this is the case then the properties can be separately deeded, eventhough only one deed now exists. If the duplexes are on one parcel, then that’s a different story. Which is it?