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Can a deed holder be removed from an existing deed with notification?
Wiki User
∙ 15y ago
The only way a person is "removed" from a deed is by conveying her interest to someone else by a deed.
Wiki User
∙ 15y ago
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Who pays homeowner assoc. fees the mortgage holder or the deed holder?
The deed holder is responsible for paying the HOA fees.The deed holder is responsible for paying the HOA fees.The deed holder is responsible for paying the HOA fees.The deed holder is responsible for paying the HOA fees.
Does the deed holder have financial rights to the home?
who has power to sell a home, deed holder or a trustee?
What is another name for deed holder?
The owner.
If the holder of second trust deed forecloses first does it have to pay off the full amount owed to the first trust deed?
If the holder of the second mortgage, or deed of trust, forecloses, that lender takes the property subject to the first mortgage or deed of trust.
Is the deed holder responsible for Homeowner Association fees if they are asked to leave by the homeowner?
Typically, the deed holder is responsible for paying Homeowner Association (HOA) fees, regardless of whether they are asked to leave by the homeowner or not. The responsibility for HOA fees is tied to the ownership of the property, not the occupancy status. So, even if the homeowner asks the deed holder to leave, they will still typically be responsible for paying any outstanding or future HOA fees until the deed is transferred to another owner. It is important to review the specific HOA rules and regulations and consult with legal professionals for accurate and personalized advice.
How are homeowner claims paid to person who had deed but not policy?
Homeowner insurance claims are paid to the policy holder, in a condo and the damages are being reimbursed by the association the deed and title holder gets the refund
What is an all inclusive trust deed?
An All Inclusive Deed of Trust (AIDOT) is an instrument made that encompasses an existing encumbrance (mortgage/Deed of Trust (DOT) with new terms irrespective of the existing [underlying] promissory note and DOT.
What is an all inclusive deed of trust?
An All Inclusive Deed of Trust (AIDOT) is an instrument made that encompasses an existing encumbrance (mortgage/Deed of Trust (DOT) with new terms irrespective of the existing [underlying] promissory note and DOT.
Can a lien holder be given a quitclaim deed from the owner?
Yes the owner of the property may give the lien holder a quitclaim deed if they are unable to pay the note and wish to forfeit the property. This is often done to avoid forclosure.
Do you inform mortgage holder of death of spouse?
Yes, and you record a copy of the death certificate where the deed is recorded, cross-referenced to the deed book and page.
If a property is jointly held by mother and one of the sons does the property automatically goes to the joint holder after her demise?
If the deed is properly drafted- yes.If the deed is properly drafted- yes.If the deed is properly drafted- yes.If the deed is properly drafted- yes.
What is the difference between a named insured and a deed-holder?
A named insured is someone that has an insurable interest in a property. They don't need to be the deed holder. The deed holder is the person that owns the property. For example if you rent a house from someone. You have a insurable interest in your property that is inside the house. The deed holder has an insurable interest in the house itself and not the contents that are not fixtures. So the insurance company could issue a renters policy to the renter and he would be a named insured and the insurance company could issue a policy to the owner and he would be a named insured. 2 different policies covering different things.
