Zuege v. Nebraska Mortgage Co.
Citations
- 92 Kan. 272
- 140 P. 855
- 1914 Kan. LEXIS 214
Syllabus
<p>SYLLABUS BY THE COURT.</p> <p>Mortgage — Not Assumed by Purchaser — Purchaser May Acquire Valid Tax Deed to the Land. Where one takes a deed to land which is encumbered by a mortgage, but does not assume or agree to pay the mortgage, no personal relation or. obligation subsists between him and the holder of the mortgage and he owes no duty to the holder of the mortgage to pay the taxes on the land, and may thereafter acquire a tax deed to the land which will extinguish the rights of the mortgage holder therein if the land be not redeemed and no action be brought by the holder of the mortgage to set aside the tax deed within five years from the issuance thereof.</p>
Judges: Smith
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.