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In addition to the information provided above you, as the former owner, may have responsibility for issues NOT disclosed about the property during your time of ownership such as buildings or structures on the property without having proper authority or permits, chemical contamination, structural defects, dangerous conditions, etc. Some states require disclosure statements and professional inspections.

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โˆ™ 2016-02-19 21:34:28
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โˆ™ 2016-02-19 21:37:23

Mortgages have a due on transfer clause that is triggered by any transfer of interest to a third party. If you granted any mortgages on the property you are responsible for paying off the mortgage from the proceeds of the sale. The attorney who represents the buyer will generally make certain mortgages are paid since they are certifying the title. If the mortgage isn't paid off the lender will foreclose and take possession of the property by foreclosure. The same goes for any other outstanding liens or property tax obligations. The buyer’s attorney would make certain those liens are paid off before the buyer takes title.

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Q: Are you financially responsible after you deed over the property?
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Will getting the deed signed over to you give you rights over the house?

If you acquire a property by deed then you will be the owner. You will have the right to the use, possession, income and profits from the property. You will have absolute rights in the property. You will also be responsible for the property.


Could a Living estate over ride a quick deed?

If the owner of property conveys that property by a quitclaim deed while they still own it then they no longer own the property. It is now the property of the grantee in the deed.


If the deceased left his home to a certain person and her name is already on the deed does she just take over the loan?

my aunt left me property in her will, and now I would like to sell the property, but I don't have a clear deed. how do i get a clear deed to the property so that I can sell the property?


Can a property given in gift deed reclaimed by the grantor?

Real property transferred by deed cannot be "reclaimed" unless there were conditions mentioned in the deed that would trigger a reverter if not met and those conditions were not met. If the property was simply transferred to a new owner with no restrictions the former owner no longer has any interest in the property not any control over it.Real property transferred by deed cannot be "reclaimed" unless there were conditions mentioned in the deed that would trigger a reverter if not met and those conditions were not met. If the property was simply transferred to a new owner with no restrictions the former owner no longer has any interest in the property not any control over it.Real property transferred by deed cannot be "reclaimed" unless there were conditions mentioned in the deed that would trigger a reverter if not met and those conditions were not met. If the property was simply transferred to a new owner with no restrictions the former owner no longer has any interest in the property not any control over it.Real property transferred by deed cannot be "reclaimed" unless there were conditions mentioned in the deed that would trigger a reverter if not met and those conditions were not met. If the property was simply transferred to a new owner with no restrictions the former owner no longer has any interest in the property not any control over it.


Can you get out of a quitclaim deed after you sign it over to someone else?

If you own property and execute a quitclaim deed transferring your interest. You no longer own the property. If the property is subject to a mortgage or if you made the transfer to avoid creditors you have complicated the title and created a problem for yourself but you cannot undo that deed. The grantee in that deed would need to convey their interest back to you. Transferring property that is subject to a mortgage will trigger the "due on transfer" clause. You should consult with an attorney.


Are parents still financially responsible for children over the age of 18 in New York?

No they are not.


How do you add your wife's name on to the title deeds of your property?

Adding someone to your house deed requires the filing and recording of a legal document known as a quitclaim deed. The quitclaim deed is a new deed that legally overrides the deed currently in effect. By filing the quitclaim deed, you can add an individual to the title of your deed, in effect transferring a share of ownership over the property with the added individual.


Can 1 person sell a home if 2 people are on mortgage but 1 signed over the deed?

The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.


Does community property law over ride an executors deed?

Yes, community property takes precedence. The estate cannot do something with property that does not belong to them.


In simple terms what does it mean to receive a deed in lieu of foreclosure?

A deed in lieu of foreclosure refers to the process of handing over a property deed to the mortgage financier and no longer having to pay the mortgage. The property now belongs to the company who financed the mortgage.


When is a property sale concluded?

The sale is concluded at the closing generally when the deed is delivered to the buyer and the consideration is paid over to the seller. Then, everyone smiles, shakes hands and the property has a new owner. The deed must be recorded in the land records immediately.The sale is concluded at the closing generally when the deed is delivered to the buyer and the consideration is paid over to the seller. Then, everyone smiles, shakes hands and the property has a new owner. The deed must be recorded in the land records immediately.The sale is concluded at the closing generally when the deed is delivered to the buyer and the consideration is paid over to the seller. Then, everyone smiles, shakes hands and the property has a new owner. The deed must be recorded in the land records immediately.The sale is concluded at the closing generally when the deed is delivered to the buyer and the consideration is paid over to the seller. Then, everyone smiles, shakes hands and the property has a new owner. The deed must be recorded in the land records immediately.


Does a trustee's deed take precedence over a grant deed?

There is always a legal owner of real estate. If that owner conveys or transfers the property by deed then the property has a new owner. If the trustee had title to the property and transferred it to a new owner then the land has a new owner. If someone else owned the property then the trustee's deed transferred nothing. It is not the type of deed that takes "precedence" but whether the grantor in the deed owns the property at the time of the conveyance.You can add more details on the discussion page.There is always a legal owner of real estate. If that owner conveys or transfers the property by deed then the property has a new owner. If the trustee had title to the property and transferred it to a new owner then the land has a new owner. If someone else owned the property then the trustee's deed transferred nothing. It is not the type of deed that takes "precedence" but whether the grantor in the deed owns the property at the time of the conveyance.You can add more details on the discussion page.There is always a legal owner of real estate. If that owner conveys or transfers the property by deed then the property has a new owner. If the trustee had title to the property and transferred it to a new owner then the land has a new owner. If someone else owned the property then the trustee's deed transferred nothing. It is not the type of deed that takes "precedence" but whether the grantor in the deed owns the property at the time of the conveyance.You can add more details on the discussion page.There is always a legal owner of real estate. If that owner conveys or transfers the property by deed then the property has a new owner. If the trustee had title to the property and transferred it to a new owner then the land has a new owner. If someone else owned the property then the trustee's deed transferred nothing. It is not the type of deed that takes "precedence" but whether the grantor in the deed owns the property at the time of the conveyance.You can add more details on the discussion page.


You want to sign over your rights of your children will you financially be responsible?

Yes, until/unless the child is adopted.


What is an accommodation deed?

To give someone access over your property? To give away some of your land?


How long before quit claim deed is permanent?

A quit claim deed is final as soon as it is signed by the grantor and handed over to the grantee. In order to preserve their interest in the property and notify the world that the property has a new owner the deed should be recorded in the land records immediately.


Is the landlord or tenant responsible for damage to camper trailer door caused by angry wife?

That would depend on who's angry wife your talking about. If the tenants wife damages your property or your landlords property then the tenants wife is liable for those damages. Due to the extension of common law you can also be held financially liable for actions of your spouse. The landlord would have no control over the tenants wife nor her actions and could not be held liable. If the Landlords wife came over and damaged your property or the landlords property then the Landlord and or the landlord wife would be financially liable.


Does a quick claim deed on property over ride a will?

Yes. If the testator conveyed the property by a deed during her life then the land will not be part of her estate at death and it cannot pass by her will.Yes. If the testator conveyed the property by a deed during her life then the land will not be part of her estate at death and it cannot pass by her will.Yes. If the testator conveyed the property by a deed during her life then the land will not be part of her estate at death and it cannot pass by her will.Yes. If the testator conveyed the property by a deed during her life then the land will not be part of her estate at death and it cannot pass by her will.


If ex husband signed the property over to you by quitclaim deed are his liens still on property?

Yes. The liens are attached to the property. You should insist that the liens be paid before the transfer.


Can the executor of an estate sign a quit claim deed to sign property over to an heir of the deceased?

That is the duty of the executor. They will distribute the property according to the will or the law.


When is real estate conveyed?

Real property is conveyed when the owner signs a deed and hands the deed over to the grantee. This is technically distinguished from real property being "sold". A property is "sold" when the contract of sale is signed and becomes effective. It is conveyed when the deed is delivered to the grantee. In order to be effective against the world the deed must be recorded.ClarificationHowever, if the sale is never completed by the execution of a deed, one cannot say the property was sold. Many, many property "sales" fall through due to contingencies and unexpected circumstances so the "distinction" made above is not the operative factor in the transfer of property.


If a deed was signed over to a sister but was meant for her to share with the others what can you do if the father dies?

If the property was conveyed to a sister by deed from her father then she is the owner of the property regardless of whether the father is living or deceased. Deeds have no other "meaning" except to convey property to the grantee on the deed unless other intentions are clearly stated in the deed. Father should not convey the property to one child if he really wants all his children to share in the property. By executing a deed to one child he is telling the world his intention is to transfer ownership to her alone. If father is deceased, unless you have written proof that your father intended that your sister was to hold the property in trust for all his children then you are out of luck. The grantee on a deed is the owner of the property unless there is written evidence convincing enough to persuade a judge to rule that others have an interest in the property.


Tree branch fell over neighbor's property Texas law?

It does not matter what state your in. No one is liable for an act of nature. Your neighbor is responsible for the portion on their property and you are responsible for the portion on your own property.


Can the executor of estate ues a quit claim deed to chang ownership and record warrant deed when deceased parents gave all property in Florida to surviving two childred?

If the property was conveyed prior to death, then the property is not included in the decedents' estates, and the executor has no control over it. So, no.


In a divorce situation in Florida should both the husband and wife be grantors on a quit-claim deed when conveying the property to one of the spouses as grantee?

Only the spouse who will not be getting the property needs to be a grantor on the deed. In essence, one of the spouses is surrendering their share of the property over to the other.


How can gift deed be cancelled?

A gift deed transfers the ownership of real property to a new owner for no consideration. The former owner no longer has any authority over the property. It has a new owner. The deed cannot be "cancelled" by the former owner.A gift deed can be nullified by a court order for several reasons that include the following:undue influencefraud or forgeryconveyance to avoid creditorsalterations in deed after execution