A mortgage is just a lien even if done under warranty deed.

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  • motla68
    Senior Member
    • Mar 2011
    • 752

    #1

    A mortgage is just a lien even if done under warranty deed.

    After reading this how can anyone prove ownership of anything put into the public ?

    Florida Statutes 697.02 - Nature of mortgages

    "A mortgage shall be held to be a specific lien on the property therein described, and not a conveyance of the legal title or of the right of possession."
    "You have to understand Neo, most of these people are not ready to
    be unplugged, and many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it."

    ~ Morpheus / The Matrix movie trilogy.
  • shikamaru
    Senior Member
    • Mar 2011
    • 1630

    #2
    Originally posted by motla68 View Post
    After reading this how can anyone prove ownership of anything put into the public ?

    Florida Statutes 697.02 - Nature of mortgages

    "A mortgage shall be held to be a specific lien on the property therein described, and not a conveyance of the legal title or of the right of possession."
    Cite?
    Is this one of your "independent thoughts" you spoke of in another thread or are you "riding on the coattails" of Florida statutes?

    Comment

    • motla68
      Senior Member
      • Mar 2011
      • 752

      #3
      ha!.. hardly. It is just their acknowledgment that they do not own it or even posses it anymore.
      "You have to understand Neo, most of these people are not ready to
      be unplugged, and many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it."

      ~ Morpheus / The Matrix movie trilogy.

      Comment

      • motla68
        Senior Member
        • Mar 2011
        • 752

        #4
        Originally posted by motla68 View Post
        After reading this how can anyone prove ownership of anything put into the public ?

        Florida Statutes 697.02 - Nature of mortgages

        "A mortgage shall be held to be a specific lien on the property therein described, and not a conveyance of the legal title or of the right of possession."
        Nope, still nobody owns it even if you call it a warranty deed; Just covering all the basis here:

        True, mortgage is an interest in possession by the state or bank , but when acknowledged with warranty deed
        that something was given from Grantor to Grantee that is something different;

        A general warranty deed is a type of deed where the grantor (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee (buyer). The guarantee is not limited to the time the grantor owned the property—it extends back to the property's origins.


        Grantee, a United States term in legal conveyancing for the party receiving title or encumbrance, often referring to the purchaser

        hold (Possess), verb.
        Definition of holds in the Legal Dictionary by The Free Dictionary


        It is not that one is making claim because one was given possession.

        Acronym Definition
        ACKNOWLEDGE Acquisition of Knowledge
        "You have to understand Neo, most of these people are not ready to
        be unplugged, and many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it."

        ~ Morpheus / The Matrix movie trilogy.

        Comment

        • shikamaru
          Senior Member
          • Mar 2011
          • 1630

          #5
          Originally posted by motla68 View Post
          ha!.. hardly. It is just their acknowledgment that they do not own it or even posses it anymore.
          Where is your cite though?
          You claim its a Florida Statute, but you have no cite?

          Is it perhaps a manufacture of your own creation?
          Last edited by shikamaru; 11-04-11, 09:30 PM.

          Comment

          • motla68
            Senior Member
            • Mar 2011
            • 752

            #6
            Originally posted by shikamaru View Post
            Where is your cite though?
            You claim its a Florida Statute, but you have no cite?

            Is it perhaps a manufacture of your own creation?
            You missed it, It was in that same post. or do you not know the difference between cite and sight ?
            "You have to understand Neo, most of these people are not ready to
            be unplugged, and many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it."

            ~ Morpheus / The Matrix movie trilogy.

            Comment

            • shikamaru
              Senior Member
              • Mar 2011
              • 1630

              #7
              Originally posted by motla68 View Post
              You missed it, It was in that same post. or do you not know the difference between cite and sight ?
              Let me try again. Do you have a link to the alleged Florida statute that heads this thread?

              Comment

              • motla68
                Senior Member
                • Mar 2011
                • 752

                #8
                Originally posted by shikamaru View Post
                Let me try again. Do you have a link to the alleged Florida statute that heads this thread?
                Here you go, see just got to ask the correct question:

                "You have to understand Neo, most of these people are not ready to
                be unplugged, and many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it."

                ~ Morpheus / The Matrix movie trilogy.

                Comment

                • shikamaru
                  Senior Member
                  • Mar 2011
                  • 1630

                  #9
                  Originally posted by motla68 View Post
                  Here you go, see just got to ask the correct question:

                  http://www.flsenate.gov/Laws/Statutes/2011/697.02
                  Was that so hard?
                  And what of the information below?

                  The answer to your question is yes. A mortgage is a lien against real estate. Generally, there are two different categories of mortgages in the US. A mortgage in a lien theory state does constitute a simple lien against the property. When it's paid off the lender will release t its lien. A mortgage in a title theory state is an actual conveyance of the property to the lender. However, the transfer is conditional. If the mortgage is paid the lender must return all its right, title and interest to the mortgagor by recording a discharge. In a title theory state the lender can take possession of the property and sell it if there is a default in the mortgage. In a lien theory state a judicial process is used in the case of a foreclosure.


                  It seems you are presenting only half the picture.
                  What of title theory states as opposed to lien theory states?
                  Last edited by shikamaru; 11-05-11, 07:50 AM.

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