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Generally, yes. However, you need the written consent of the life tenant. Otherwise, the property would be sold subject to the life estate.
Generally, yes. However, you need the written consent of the life tenant. Otherwise, the property would be sold subject to the life estate.
Generally, yes. However, you need the written consent of the life tenant. Otherwise, the property would be sold subject to the life estate.
Generally, yes. However, you need the written consent of the life tenant. Otherwise, the property would be sold subject to the life estate.
Wiki User
∙ 13y ago
Wiki User
∙ 9y agoLife interest in a property certainly can be transferred. This happens when all parties are okay and support the agreement.
Wiki User
∙ 13y agoGenerally, yes. However, you need the written consent of the life tenant. Otherwise, the property would be sold subject to the life estate.
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Can you force someone to take their name off a quit claim deed?
Yes, if by signing the quitclaim deed they transferred all their interest in the property to a new owner.Yes, if by signing the quitclaim deed they transferred all their interest in the property to a new owner.Yes, if by signing the quitclaim deed they transferred all their interest in the property to a new owner.Yes, if by signing the quitclaim deed they transferred all their interest in the property to a new owner.
Can a life estate creator and owner change their mind and get the property back?
No. They have transferred ownership to the new owners. They no longer have any ownership interest in the property. If they want the property back the new owners must agree to transfer it back by deed.No. They have transferred ownership to the new owners. They no longer have any ownership interest in the property. If they want the property back the new owners must agree to transfer it back by deed.No. They have transferred ownership to the new owners. They no longer have any ownership interest in the property. If they want the property back the new owners must agree to transfer it back by deed.No. They have transferred ownership to the new owners. They no longer have any ownership interest in the property. If they want the property back the new owners must agree to transfer it back by deed.
In a life estate does the owner of real property still own the property if he has quit claimed the property to the remaindermen?
No. If the person who owned the land granted a life estate and conveyed the fee to the remaindermen then that person has transferred all her interest in the property. She no longer owns it.
Does a living trust supercede an executed will in California?
Yes. If the property was transferred to a trust during the life of the testator then it was not in her estate when she died. It cannot pass by will.Yes. If the property was transferred to a trust during the life of the testator then it was not in her estate when she died. It cannot pass by will.Yes. If the property was transferred to a trust during the life of the testator then it was not in her estate when she died. It cannot pass by will.Yes. If the property was transferred to a trust during the life of the testator then it was not in her estate when she died. It cannot pass by will.
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.
What happens when a property is conveyed by deed to the holder of a life estate?
The "life tenants" can reside on the property for their lifetime. They are responsible for taxes, maintenance and any improvements they choose to make and are required to keep the property maintained in at least the same condition as when it was awarded. They cannot rent, lease, sell or transfer the property. Nor is the property subject to creditor attachment by the debts belonging to the "life tenants". Upon the death of the "life tenants" the property reverts to those named as the "remainder men".
What is the legal precedence between an earlier Partnership of children documenting equal interest in family property and the parents later Will directing interest in that same property elsewhere?
I have never heard of a partnership of children creating an interest in their parents' property. You need to provide more details. However, if the parents were the joint owners of the real estate by deed when the first one died, and had not transferred their interest by deed during life, then the property passes according to the provisions in the will of the surviving parent.
How to see if someone took your name off a house?
You need to execute a deed in order for your interest in real property to be transferred to another person. The only other way for your interest to be transferred is by a court order. You can visit the local land records office and check your name in the land records to see if a deed has been recorded in your name.You need to execute a deed in order for your interest in real property to be transferred to another person. The only other way for your interest to be transferred is by a court order. You can visit the local land records office and check your name in the land records to see if a deed has been recorded in your name.You need to execute a deed in order for your interest in real property to be transferred to another person. The only other way for your interest to be transferred is by a court order. You can visit the local land records office and check your name in the land records to see if a deed has been recorded in your name.You need to execute a deed in order for your interest in real property to be transferred to another person. The only other way for your interest to be transferred is by a court order. You can visit the local land records office and check your name in the land records to see if a deed has been recorded in your name.
What is the term for the person to whom real property is transferred?
When the transfer is by deed or grant the recipient is called the grantee.An interest in property can also be transferred by will, by intestate succession, by a court order, by a tax taking and by an eminent domain taking.
For medicaid purposes can a life estate property be transferred to another property without having to start all over?
No.
Can my husband quit claim our house to me?
You havent provided enough detail. It depends on when he transferred his interest in the property and whether you owned the property jointly before he transferred his interest to you. He may be able to claim a portion of the taxes, the portion he paid if he was the sole owner before his transfer. However, you should consult with your tax accountant.You havent provided enough detail. It depends on when he transferred his interest in the property and whether you owned the property jointly before he transferred his interest to you. He may be able to claim a portion of the taxes, the portion he paid if he was the sole owner before his transfer. However, you should consult with your tax accountant.You havent provided enough detail. It depends on when he transferred his interest in the property and whether you owned the property jointly before he transferred his interest to you. He may be able to claim a portion of the taxes, the portion he paid if he was the sole owner before his transfer. However, you should consult with your tax accountant.You havent provided enough detail. It depends on when he transferred his interest in the property and whether you owned the property jointly before he transferred his interest to you. He may be able to claim a portion of the taxes, the portion he paid if he was the sole owner before his transfer. However, you should consult with your tax accountant.
Your dad transferred the deed to his condo to your name and reserved a life estate he married after the transfer does his wife have any legal interest in the condo?
If your dad conveyed his condo to you by deed and reserved a life estate for himself then he can use and occupy the condo during his natural life. The life estate will be extinguished upon his death or if he relinquishes it to you by a deed of release before then. His wife has no interest in the property.
