I have a partnership 70% to 30% on a property. The holder of the 70% hold the mortgage on her name. Does the partner with 30% has full rights to access the mortgage account information with the bank.JanetAtlanta GA

Regardless of who owns the home or not, the person obligated for the loan is the one who has access to that information. they would need to give you authorization to access their account.. If that person defaults and the lender initiates foreclosure, then if your contact info is listed with the county assessors office, then it's possible you would get a notification. You could also contact a local title company and pay them to watch the property for default notices.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

You will have to get written authorization from the 70% partner, or the Judicial Court, if legal action is in process.

how it works is who ever holds the 51% AND 49% makes the 51% owner the main borrower..