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How do I document and protect my right to be reimbursed if I pay the mortgage on estate property? |
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Q: How do I document and protect my right to be reimbursed if I pay the mortgage on estate property? A: The safest approach is to create a clean paper trail—and get a written agreement in place as early as possible. First, keep clear proof of every payment: the mortgage statement, the bank record showing the payment cleared, and a simple ledger with the date, amount, who was paid, and a note…