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Am I responsible for the previous owner's debt?

I received a demand letter from an oil company saying that a debt is owed.  The debt was incurred on March 31, 2008.  I purchased the property on September 15, 2009.   I am not related to the previous owner, nor was it a transfer.  Can they hold me responsible for this debt?
  • August 21 2013 - East New York
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Answers (1)

When you bought the home you received a titlpe policy. You should own the property free and clear. Call the title company to verify.

To your success,

Alex
  • August 21 2013
  • 0Yes

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