BEST ANSWER
FIRST ANSWER
Get a lawyer immediately.
First, it's unclear from your question what mistake the surveyor made on the property deed.
More seriously (and I'm not a lawyer, so this isn't legal advice: You need to consult a lawyer immediately), it's possible the bank could come after you for fraud. You used two acres of land as collateral, and now you've deeded it back to your mother-in-law. You'd promised the bank that if you didn't make payments, that they'd be entitled to the land. And now you've taken away that collateral. Further, you've possible pulled your mother-in-law into this mess; the bank might well come after her, too. And (again, I'm not a lawyer) they might attempt to tie up all her land, not just the two acres in dispute.
So, if I haven't made myself clear yet, get a lawyer immediately.
Mon Sep 7 2009, 07:32