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Can a xeroxed copy of a Will be used to transfer real property if the original Will has been lost?
Wiki User
∙ 10y ago
The estate must be probated. The Will copy would need to get probate court approval.
Wiki User
∙ 10y ago
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Can a co-independent executor lease a property by themselves?
I am a joint executor of a property that has been left to me and my sister in our mothers will. Are we qualified to rent out this property on lease, without the need to transfer ownership.
What happens to a mortgage when home owner is deceased and the home is gifted to a child in a trust?
The mortgage must be paid. When a property has been encumbered by a mortgage the property remains subject to the mortgage even if the title is transferred or the original owner dies. You need to pay off the mortgage or make arrangements with the bank to transfer it to your own name. If the mortgage isn't paid the bank will take possession of the property by foreclosure.
What is the angle addition property?
If an angle has been bisected by a ray then it's now 3 angles ( the original 1, and the two created by the ray) this property says you can add the measurements of the two angles together to get the measurement of the original angle
What does TT on a title mean?
TT on a title typically stands for "Title Transfer" or "Transfer of Title." It signifies that ownership or legal title of the item, such as a vehicle or property, has been transferred from one party to another.
What is the additive property?
If an angle has been bisected by a ray then it's now 3 angles ( the original 1, and the two created by the ray) this property says you can add the measurements of the two angles together to get the measurement of the original angle
You lived in the property for seven years and been your mothers caregiver for three years. The property was gifted to you and your mother has to go into full time care. Will the property be affected?
If the property has already been gifted to you, it has been conveyed into your name The status of your mother is irrelevant for the purposes of determining ownership of the property. You should consult with an attorney who specializes in elder law. The look-back period for property transfers by elders who then receive medical assistance is five years in the US. That means the state can place a lien in the property for up to five years after the transfer has been recorded in the land records.
If a person is buying property but has not yet paid for it can he remove anything off of the property legally in pa?
No. The buyer does not own the property until the seller has executed the deed to transfer title to the buyer and the deed has been recorded in the land records. The buyer has no rights in the property until they have taken title.
General Receipt?
Get StartedA receipt is a written acknowledgment that something of value (money or property) has been received by another individual. The General Receipt is not effective to transfer legal ownership of the money or property. It merely provides evidence that the recipient has obtained possession of the money or property.
In Mississippi if you inherit property can you sell it immediately?
Once title has been transferred to your name you can do anything you wish with it. But you have to wait for the estate to clear the title and transfer it first.
If you lost a registered deed to the property will that cause a problem?
Generally, a lost deed will not cause a problem as long as the deed was filed in the land records office. A deed is executed to transfer ownership of property to the grantee. Recording the deed in the land records provides permanent proof of the transfer of ownership. In a subsequent sale of the property the original deed does not have to be produced since the title will be checked in the land records. The recorded copy of the deed will suffice as proof of ownership. Once a deed has been recorded you can obtain a copy for a nominal fee. The only time a lost deed can cause a problem is when it was not recorded. See link.How_long_is_an_unrecorded_deed_valid
I pay ground rent on my property but the lease has been sold to another management company.Should I have been given the chance to buy before transfer.?
I'm not sure of what state you are in but I believe that in Baltimore, MD you have the right to purchase the property for the ground rent divided by .02 - .04 dependening on the date of the lease. You should have the opportunity to buy it at any point, you do not have to wait for a transfer or for the lease to run out. Hope this helps.
How long do you have to wait to file bankruptcy after I have passed a property on to your son?
Thank you for passing your property to my son. Since I do not have a son, I guess it remains in limbo. If your son paid you the value (equity) of your home, you will have to disclose the transfer, but it will have no effect on your bankruptcy. If you gave the property to your son for free, and there was equity in the property, probably two years, if you gave the property knowing you were insolvent and intending to deprive your bankruptcy estate of the asset. It would have been better to discuss this with a bankruptcy lawyer before passing the property, as you might have been able to exempt the property in the filing.
