Estates
Liens

Can siblings put a lien on a home that was inherited by a beneficiary deed?

474849

Top Answer
User Avatar
Wiki User
Answered
2014-08-09 14:48:36
2014-08-09 14:48:36
AnswerYou haven't explained the reason for the lien. If the beneficiary owes the siblings any money and refused to pay they can sue in court for the debt and obtain a judgment lien on the property.
001
๐ŸŽƒ
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0
User Avatar

Related Questions


The person responsible for your parent's will should handle the paperwork. Or if there is no will, the state should handle this responsibility.


The beneficiaries do not have the ability to transfer property. The executor can deed the property to whomever it is being sold or distributed to. The executor can also transfer the deed to the estate while determining disposition.


Not until authorized to do so by the executor. The property belongs to the estate and the executor must protect the property.


The answer depends on the deed by which the two acquired their interest in the property. If the property was acquired as tenants by the entirety or as joint tenants with the right of survivorship, the survivor automatically owns the property. If the property was acquired as tenants in common, the interest of the decedent will pass to her heirs at law under the laws of intestacy and her estate must be probated providing she didn't name a beneficiary by will. If there was a will and a named beneficiary the estate must be probated for title to pass to the beneficiary.


If the beneficiaries are in agreement and there are no debts remaining, yes. The estate can quit claim to the beneficiary.


The estate must be probated. The duly appointed estate representative has authority over the property. The beneficiary cannot take full possession until any debts of the estate have been paid and the estate has been settled.


A quitclaim deed doesn't figure into the procedure to refinance your home.A quitclaim deed doesn't figure into the procedure to refinance your home.A quitclaim deed doesn't figure into the procedure to refinance your home.A quitclaim deed doesn't figure into the procedure to refinance your home.



removing husband from home when name is not on the deed?


who has power to sell a home, deed holder or a trustee?


The best place to start is updating the deed. Once your deed is updated, you can refinance your home with ease.


Have a deed prepared wherein husband signs deed deeding property to him and his wife.


A deed is the legal document that transfers title to the property. If you have a deed that names you as the grantee then you have title to the premises.


Yes. If you are the named grantee on the deed then you are the new owner.


The people on the existing deed create and sign a new deed by which they convey the property from themselves to themselves and the additional owner. This new deed now has all of them on it. The idea of "adding a person to a deed" is technically wrong, because the old deed is not changed. A new deed has to be created and recorded.You would to have your attorney draw up a "quit claim deed" to deed half your interest to the party you want to deed that interest to. That deed will then be filed at the courthouse and that would be it. This will allow that person to have interest in the home, but, not be liable for the debt personally that may be on the home.


The estate of each party should be examined in chronological order of death. The wife's estate would be distributed according to the laws of intestacy where she resided. If the deed of the home was in someone else's name, then that would also complicate it (e.g., tenants in common with husband's siblings, having inherited from grandpa...). If father's estate doesn't include the home, then any provisions about it in his will are irrelevant. If the deed or the intestate succession of the wife put the title into the hands of the children and not the surviving spouse, then the grandson has no present claim.


If the property is owned by the trust, the trustee must execute a deed from the trust to you. In order to execute a validdeed the trustee must be given the power to sell real estate in the document that created the trust. Once the deed to you has been executed and recorded in the land records you will be the record owner and you can sell the property by executing a deed in favor of the purchaser.A deed from a trust should be executed in the trustee's name as the trustee of the trust. The grantor on the deed should be recited as, "Buddy Guy, as the Trustee of the Best Blues Trust" grants to BB King . . . ."


To change your beneficiary it is best to find a local agent or office to fill out a form and they can get to there Home Office quicker than mailing it in.


No it is not. The beneficiary information is listed on the policy and with the home office of the insurance company, but there is no reporting of it elsewhere.


None during the lifetime of the owners. The beneficiary has no vested interest to assert until the death of the benefactor.


Air land? Generally, in the United States, the only way to obtain the ownership of land is by a deed from the owner that transfers ownership to you. If a person builds a home on land that belongs to someone else, that home will become part of the real estate and will become the property of the owner of the real estate. The person who built the home cannot devise the home to a beneficiary in a will.


You don't need to be married to have joint ownership. If your name is on the deed, you are an owner.


You will need your deed to refinance your home. If you no longer have it, your mortgage company should be able to get it for you.


If you owe money on a home you should hold title. A deed is the document that is publicly recorded. It signifies that you have an ownership interest in the real property described in the deed. It is not required that you have a deed, but it is not technically your house if you do not have a deed since you are not on title. It is not good to have a mortgage on a home that you don't own. Typically this can only occur if you sign a Quit Claim Deed that takes you off title. When you purchase a house it is the most critical part of the transaction since it is the document that actually transfers ownership.


No, they cannot deed property to a minor. They can deed the property to a trust on behalf of the minor. Consult an attorney in your jurisdiction for specifics.



Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.