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Are mineral rights considered part of an estate that have to be liquidated or executed to pay debt?
Wiki User
∙ 12y ago
Mineral rights are a part of the estate. All assets have to be valued and distributed or liquidated. Any proceeds from the sale of assets must be used to pay off any debts.
Wiki User
∙ 12y ago
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What is the features of a mortgage bond?
A mortgage bond is a bond that is secured by a mortgage on a property. Mortgage bonds are backed by real estate or physical equipment that can be liquidated. These are usually considered high-grade, safe investments.
Is a mortgage used to provide security for the note?
No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.
Is it better to close out a small IRA and pay bills with it than leave it to beneficiary?
The estate is going to have to resolve debts. It is likely to have to be liquidated anyway.
Can there be a clouded title on a second mortgage in a bankruptcy?
Yes, if the mortgage was not properly executed by all the owners of the real estate.Yes, if the mortgage was not properly executed by all the owners of the real estate.Yes, if the mortgage was not properly executed by all the owners of the real estate.Yes, if the mortgage was not properly executed by all the owners of the real estate.
Can creditors go after a paid-off car in probate if the house is being foreclosed on?
Debtors can go after the assets of the estate. These assets will have to be liquidated to settle the debts.
When is a contract for real estate considered executed?
Upon both the buyer and the seller signing the contract.
What happens if there is no beneficiary to the estate?
The estate goes to the state. They will then determine what to do with it. Typically the estate is liquidated, everything sold off and the money goes into the state budget.
What is the features of a mortgage bond?
A mortgage bond is a bond that is secured by a mortgage on a property. Mortgage bonds are backed by real estate or physical equipment that can be liquidated. These are usually considered high-grade, safe investments.
What happens to life estate in the mineral rights at that person's death?
The life estate expires when the life estate owner does and the mineral rights revert to the property owners in fee.
Is a mortgage used to provide security for the note?
No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.No. The real estate is used to provide security for the note. The mortgage is executed to grant the lender an interest in the real estate until the debt is paid.
Can an executor go against the wishes of the deceased when dividing the estate?
Of course not, unless the assets have to be liquidated in order to pay off debts.
Is it better to close out a small IRA and pay bills with it than leave it to beneficiary?
The estate is going to have to resolve debts. It is likely to have to be liquidated anyway.
How long can mineral rights go without being probated in ND They were in a estate in which the lady died in 1989 and never has been probated?
If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.
Can someone sign their spouse's name on a real estate title without them present?
No. That would be a forgery unless they have a properly executed Power of Attorney.
Can there be a clouded title on a second mortgage in a bankruptcy?
Yes, if the mortgage was not properly executed by all the owners of the real estate.Yes, if the mortgage was not properly executed by all the owners of the real estate.Yes, if the mortgage was not properly executed by all the owners of the real estate.Yes, if the mortgage was not properly executed by all the owners of the real estate.
Can creditors go after a paid-off car in probate if the house is being foreclosed on?
Debtors can go after the assets of the estate. These assets will have to be liquidated to settle the debts.
What percent of the people executed during the Reign of Terror in France were poor?
their was about 95 percent of the third estate executed which is dumb because the war was for them
