If a person dies before the mortgage repayment is completed, his or her inheritance will bear the repayment obligation. If no one inherits the property, his or her inheritance will repay the loan debt.

According to Article 33 of the "Succession Law of the People's Republic of China", the inheritance shall pay off the taxes and debts that the deceased should pay according to law. The payment of taxes and debts shall be based on the actual amount of his estate. Value limited. This does not apply to the amount that exceeds the actual value of the estate and is voluntarily repaid by the heirs. If the heir gives up the inheritance, he will not be liable for the taxes and debts that the deceased should pay according to law.

Article 34 The execution of a bequest shall not hinder the payment of taxes and debts that the legatee shall pay in accordance with the law.

Extended information:

Article 28 of the "Measures for the Administration of Personal Housing Loans" If the borrower dies, is declared missing or loses his capacity for civil conduct, the legal heirs of his property will continue to perform the obligations owed by the borrower. signed loan contract.

Article 31 If the borrower dies, disappears, or loses his capacity for civil conduct within the repayment period and has no heir or legatee, or his legal heir or legatee refuses to perform the loan contract, the loan will be The person has the right to dispose of the mortgaged property or pledged property in accordance with the provisions of the Guarantee Law of the People's Republic of China.

Baidu Encyclopedia - Succession Law of the People's Republic of China