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Can heir property be tied up if one of the heirs has a suit against them if property is not divided?
Wiki User
∙ 13y ago
Yes. The creditor may file a petition for partition or the debtors share may be taken by the creditor. In any case, it can slow down the probate process.
Wiki User
∙ 13y ago
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What is an heirs deed?
The heir deed is property that is actually divided among the legal heirs of the late person, according to his will.
In Pennyslvania can one heir mortgage heir property without other heirs agreement?
A single heir can only mortgage their interest in the property. For example, an heir with three other heirs only owns a 1/4 interest. Most lenders will not loan money on a proportionate interest in real property.
Can 1 heir sell property out of five in Ohio?
Yes, in Ohio, if there are multiple heirs to a property, one heir can sell their share without the consent of the other heirs. Each co-owner has the right to sell or transfer their interest in the property without approval from the other co-owners.
What if an heir doesn't want any part of the property proceeds?
They can decline it. It will be distributed across the other heirs.
Who pays the property taxes on heir property when one of the heirs are living at the property?
The decedent's estate must be probated in order for legal ownership to pass to the heirs. The legal owners are responsible for paying the taxes. If one heir is living on the premises they should all make up an agreement in writing as to who will pay the expenses.
What gives anybody the right to pass on ownership of land to their families when they pass away?
Though laws can vary from state to state, generally when a land owner dies without a will, the law states that real property (land) is to be divided between the heirs. If the deceased left a Will, the property can be left to a specific heir or heirs or to someone else.
If you divide an inheritance of 45600.00 among 22 heirs each heir will receive?
45600000 divided by 22 = 2072.73
When an acre of land has been lived on solely by one heir for ten years all other heirs but two have signed land over to resident heir what are the rights of the two heirs who haven't signed?
The two remaining heirs still hold legal rights to the land, even if they have not lived on it. They cannot be forced to sign over their rights without their consent. They may have the option to claim their share of the inheritance or negotiate with the resident heir for compensation. Legal advice should be sought to explore options for resolution.
Can property be sold if an one of the heirs dies without a will?
Certainly. The heir's portion will become part of their estate and distributed accordingly.
Can an executor of a will who is a husband of one of three heirs transfer property to himself as long as the othr two heirs get their part of the appraised value?
It is common for one heir to buy out the others on property. As long as everyone is in concurrence with the transfer, no problem.
Can you own the property of a deceased person if you are an heir to the property?
A decedent's property passes to their heirs according to the provisions in their will or according to the state laws of intestacy if there is no will. An estate that has real property must be probated in order for legal title to pass to the heirs. Once the estate has been probated the heirs are the legal owners of the property. You can check the state laws of intestacy at the related question link provided below.
What is escheatment?
Historically, under feudal law when a land tenant died without heirs the land would escheat back to the lord. Today when a person dies with no heirs their property escheats to the state. If a legitimate heir comes forward later with proof of their relationship they can claim the property. The state has no interest in taking property from rightful heirs.
