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How must an administrator of an estate inform the estates tenants of whom the landlord is?
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How do you go about real estate blogging?
Hi. write on tenants and landlord issues, property ownership policies and investing in the real estate sector. Regards, Brett
Can a landlord rent their personal home out to tenants in Atlanta Georgia?
A landlord can rent out his own home if desired, unless local laws prohibit this. If he does this then he may no longer qualify for homestead exemption on his real estate taxes. A landlord can also rent out rooms or other parts of the house to tenants if they so agree.
What should a tenant to with the rent money when the landlord passes on?
If a landlord dies then the property becomes part of that landlord's estate until it is settled, normally by a Will administrator. You should still make your checks payable to the landlord and pay your rent on time. The landlord's administrator will give you further instructions if they change. It could take about a year for this to happen. When a person dies and has a sizable estate, typically of over $100,000, the estate gets into probate, a judicial process by which a will is administered after an ample period of time that is given to creditors to file a claim against the estate and for the administrator to dispute such claims if necessary. Eventually the property is sold or given to an individual. If you are still there as a tenant, instructions will be given for you to make payments to that particular landlord. Alternatively you can hold the money in escrow, but do not spend it.
How long does an administrator have to settle and estate in NJ?
There are no prescribed time limits in New Jersey. Complex estates can take many years to settle.
Commercial real estate landlord - tenant issues. Can a landlord auction off tenants assets for back rent?
Yes, only if you left your assets on the property past the date your lease term ended or were evicted
What happens to money in bank when a person dies and has a will and has survivors?
Depending on the amount of money, some qualified family member must request to be appointed the Administrator of the estate. There is usually an expedited process for small estates. You need to inquire at your local probate court.Depending on the amount of money, some qualified family member must request to be appointed the Administrator of the estate. There is usually an expedited process for small estates. You need to inquire at your local probate court.Depending on the amount of money, some qualified family member must request to be appointed the Administrator of the estate. There is usually an expedited process for small estates. You need to inquire at your local probate court.Depending on the amount of money, some qualified family member must request to be appointed the Administrator of the estate. There is usually an expedited process for small estates. You need to inquire at your local probate court.
Co-administrator of estate?
The co-administrator of an estate has as much equal access to the estate as the administrator. If property or the estate needs to be divided, the parties will need to agree.
What has the author Janet Portman written?
Janet Portman has written: 'California tenants' rights' -- subject(s): Landlord and tenant, Popular works 'Every tenant's legal guide' -- subject(s): Landlord and tenant, Popular works 'Every landlord's guide to finding great tenants' -- subject(s): Landlord and tenant, Popular works, Rental housing 'Leasing Space for Your Small Business (Negotiate the Best Lease for Your Business)' 'First-time landlord' -- subject(s): Rental housing, Real estate management, Management, Landlord and tenant
Are children or siblings responsible for deceased estates?
As long as the children are adults and there is no surviving spouse the children would qualify to probate the estate. If there was no will one must petition to be appointed the administrator of the estate. You should consult with an attorney who specializes in probate law in your area.
What happens to bank acoount if someone dies without a will?
Depending on the amount of money, some qualified family member must request to be appointed the Administrator of the estate. There is usually an expedited process for small estates. You need to inquire at your local probate court.Depending on the amount of money, some qualified family member must request to be appointed the Administrator of the estate. There is usually an expedited process for small estates. You need to inquire at your local probate court.Depending on the amount of money, some qualified family member must request to be appointed the Administrator of the estate. There is usually an expedited process for small estates. You need to inquire at your local probate court.Depending on the amount of money, some qualified family member must request to be appointed the Administrator of the estate. There is usually an expedited process for small estates. You need to inquire at your local probate court.
Can a paralegal be appointed administrator of estate?
Yes. Many paralegals are competent in handling estates depending on their background and training.Yes. Many paralegals are competent in handling estates depending on their background and training.Yes. Many paralegals are competent in handling estates depending on their background and training.Yes. Many paralegals are competent in handling estates depending on their background and training.
What is the biggest estate in west africa?
Dansoman Estates
