Two Names on Deed, One on Mortgage: Who Owns the House? - Peter Zinkovetsky

From Avenue Law Firm - Two Names on Deed, One on Mortgage: Who Owns the House? explains how property ownership is determined when names differ between a deed and a mortgage in Manhattan, and why the deed—not the loan—controls legal ownership. The discussion highlights how a mortgage creates a lien and repayment obligation, while the deed establishes title, clarifying the rights of spouses and co-owners in New York real estate transactions.

Avenue Law Firm, led by Manhattan real estate attorney Peter Zinkovetsky, walks through how property records are handled through the Automated City Register Information System (ACRIS), managed by the New York City Department of Finance at the New York County Office located at 66 John Street. The episode explores why couples may structure ownership differently from financing, and how legal frameworks like New York Real Property Law Section 240-C and EPTL Section 6-2.2 shape joint tenancy, tenancy in common, and tenancy by the entirety.

Listeners also gain insight into how life events such as divorce impact property rights under Domestic Relations Law Section 236(B), including the role of quitclaim deeds, refinancing, and equitable distribution. The podcast breaks down risks involving liens, creditor claims, and inheritance complications under EPTL Article 4, helping property owners understand how legal and financial responsibilities can diverge when only one name appears on a mortgage.

Featuring the experience of Peter Zinkovetsky—founder of Avenue Law Firm, a New York Law School graduate, and Pace University alumnus—this episode draws on insights recognized by Super Lawyers Magazine and publications like Forbes, the New York Post, The Real Deal, Newsweek, and the New York Real Estate Journal. With admissions to the United States District Court for the Southern and Eastern Districts of New York, Peter Zinkovetsky provides practical guidance for navigating Manhattan real estate transactions, protecting ownership rights, and avoiding costly legal missteps.

Avenue Law Firm

505 Park Avenue, Suite 202, New York, NY 10022, United States

(212) 729-4090

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