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Can a judge void a deed to property that has been made and sold for over a year?
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∙ 11y ago
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What is a gifted property deed?
A gift deed is a deed in which the consideration is not monetary, but is made in return for love and affection. It is a document which transfers property to another as a gift and must be recorded in the land records.A gift deed is a deed in which the consideration is not monetary, but is made in return for love and affection. It is a document which transfers property to another as a gift and must be recorded in the land records.A gift deed is a deed in which the consideration is not monetary, but is made in return for love and affection. It is a document which transfers property to another as a gift and must be recorded in the land records.A gift deed is a deed in which the consideration is not monetary, but is made in return for love and affection. It is a document which transfers property to another as a gift and must be recorded in the land records.
Can you get your house back if you signed a quitclaim deed?
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.
Is a Gift Deed or a Deed of Gift an instrument used to convey property from a father to his son?
Yes, a Gift Deed or Deed of Gift is a legal document used to transfer ownership of property from one person to another as a gift without any exchange of money. In this case, a father can use a Gift Deed to give property to his son.
How can you cancel registered gift deed?
Generally a deed cannot be revoked. The most common gift deeds are those that transfer title to real property to a relative for no consideration or in many cases for "love and affection". Some gift deeds include certain provisions that allow the grantor to maintain some control over the property. An example would be in the case of a reversionary clause included in the deed. If the conditions set forth in the reversionary clause were violated then the fee would revert to the grantor. Reversionary clauses are often seen in deeds that convey land to a town for a public use such as a park, school or cemetery. Without specific language to the contrary, when a person conveys property to another by deed, the grantee is the new owner and the grantor no longer has any interest in or power over the property.
Can deed of trust be used as collateral for a Mississippi home equity loan?
No. A deed of trust demonstrates that a bank (or other lending institution) owns the property, however, the bank may not sell or pledge the property unless the borrower had not met loan conditions. Even if you are the lender (and, therefore, have been given a deed of trust), unless the people that you have made the loan to fail to meet obligations, you may not use the piece of paper or the underlying property as collateral.
I want to do a Quit Claim Deed and I need to find a property's Parcel Identification?
You should consult an attorney who can draft a proper deed for your jurisdiction. A deed must show the legal description for the property and not the assessor's designation. Errors made on deeds drafted by non-professionals can be costly to correct if they can be corrected.You should consult an attorney who can draft a proper deed for your jurisdiction. A deed must show the legal description for the property and not the assessor's designation. Errors made on deeds drafted by non-professionals can be costly to correct if they can be corrected.You should consult an attorney who can draft a proper deed for your jurisdiction. A deed must show the legal description for the property and not the assessor's designation. Errors made on deeds drafted by non-professionals can be costly to correct if they can be corrected.You should consult an attorney who can draft a proper deed for your jurisdiction. A deed must show the legal description for the property and not the assessor's designation. Errors made on deeds drafted by non-professionals can be costly to correct if they can be corrected.
Can a person with the original deed rescind a quit claim deed?
Quitclaim deeds should be drafted by a professional. Errors made by non-professionals can be costly to be corrected if they can be corrected.Quitclaim deeds should be drafted by a professional. Errors made by non-professionals can be costly to be corrected if they can be corrected.Quitclaim deeds should be drafted by a professional. Errors made by non-professionals can be costly to be corrected if they can be corrected.Quitclaim deeds should be drafted by a professional. Errors made by non-professionals can be costly to be corrected if they can be corrected.
Are quit claim deeds as simple to do as they used to be 20 years ago?
Quitclaim deeds haven't changed. However, since a quitclaim deed transfers ownership of real property forever, and the consequences of property ownership have changed, a deed should always be drafted under the supervision of an attorney. Errors made by non-professionals can be costly and difficult to correct if they can be corrected.Quitclaim deeds haven't changed. However, since a quitclaim deed transfers ownership of real property forever, and the consequences of property ownership have changed, a deed should always be drafted under the supervision of an attorney. Errors made by non-professionals can be costly and difficult to correct if they can be corrected.Quitclaim deeds haven't changed. However, since a quitclaim deed transfers ownership of real property forever, and the consequences of property ownership have changed, a deed should always be drafted under the supervision of an attorney. Errors made by non-professionals can be costly and difficult to correct if they can be corrected.Quitclaim deeds haven't changed. However, since a quitclaim deed transfers ownership of real property forever, and the consequences of property ownership have changed, a deed should always be drafted under the supervision of an attorney. Errors made by non-professionals can be costly and difficult to correct if they can be corrected.
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.
Does a quit deed relieve you of financial responsibility on a mortgage?
No, a quit claim deed only changes ownership of the property. The property will still remain collateral for the mortgage loan. The actual ownership of the property does not change the terms of the mortgage loan and the promise the signatories (you) made to the bank.
If property lines and warranty deed match how can someone file a lawsuit against you?
They would need to provide evidence that there were errors made in the property description in your deed. The problem may be resolved by a careful title examination of both properties.
What possible scenario a judge would favor your request to revoke a survivorship deed and puy it solely in your name since you paid for the house and made the mistake to include a friend in the deed?
A judgment in your favor is not likely since you made the arrangement in the deed of your own free will. The courts do not rectify errors of judgment.
