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Can the spouse of a person who dies finish paying for the property?
Wiki User
∙ 15y ago
If there has been a change in ownership the bank should be notified. They will need to make some changes in the account and will want proof of death and proof that the title to the property passed to the surviving spouse. In this economic climate the bank should be satisfied to allow you to take over the mortgage. You may want to speak with a local attorney who specializes in real estate transactions. She/he may be able to facilitate the negotiation with the bank for you.
Wiki User
∙ 15y ago
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In Florida if your parents are refinancing would your spouse need to sign the mortgage?
Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.
Is surviving spouse responsible for other spouse's debt?
The laws presume that the spouse inherits at least half, if not all, of the other spouse's assets. But the estate has to liquidate all debts before they can transfer any assets to the spouse. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.
If you are married and your spouse dies and you are not living together and the property is in the spouses name what happens to it?
The answer depends on many factors. It depends on whether you live in a community property state and when your spouse acquired the property. It depends on whether your spouse left a will and if the property was devised in the will. It depends on whether there is a provision in your state law whereby a disinherited spouse can claim a share of the estate by "election" if the property was devised to another person. If there was no will then you can check the laws of intestacy in your state in the link at the related question below. You should contact an attorney in your area to determine if you have any interest in the property.
Does a spouse have to sign the mortgage in a non community state?
Yes, if the spouse has an ownership interest in the property.Yes, if the spouse has an ownership interest in the property.Yes, if the spouse has an ownership interest in the property.Yes, if the spouse has an ownership interest in the property.
If property was owned by deceased spouse prior to marriage what is the property rights of the surviving spouse with no will?
Typically the spouse inherits the entire estate unless there are children involved.
In Florida if your parents are refinancing would your spouse need to sign the mortgage?
Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.Not unless your spouse is on the title to the property. If not and your spouse signs, then your spouse will be fully responsible for paying the mortgage.
Can a spouse quit claim a home to the non debtor spouse to prevent a property lien by a judgment creditor in Ohio?
A property lien is an attachment to the property, not the debtor. The answer would be "no", that won't help you get out of paying the debt.
Is my deceased spouse's debt my responsibility?
That depends on the nature of the debt and the laws in your jurisdiction. In a separate property state a person's estate is responsible for paying their debts. However, jointly owned property is usually protected from the debts of one spouse. Debts by one spouse need to be examined, for example, to determine if the goods or services benefitted both spouses. In a community property state the surviving spouse is generally responsible since marital property and debts are shared. You need to consult with an attorney in your jurisdiction.
Are relatives liable for nursing home bills?
Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.
What rights are there when a married person is given life estate?
The married person has the individual right to the use and possession of the property for the duration of their natural life. When they die the life estate is extinguished. If they had been inhabiting in the life estate property with a spouse the spouse must vacate the property upon the death of the life tenant.The married person has the individual right to the use and possession of the property for the duration of their natural life. When they die the life estate is extinguished. If they had been inhabiting in the life estate property with a spouse the spouse must vacate the property upon the death of the life tenant.The married person has the individual right to the use and possession of the property for the duration of their natural life. When they die the life estate is extinguished. If they had been inhabiting in the life estate property with a spouse the spouse must vacate the property upon the death of the life tenant.The married person has the individual right to the use and possession of the property for the duration of their natural life. When they die the life estate is extinguished. If they had been inhabiting in the life estate property with a spouse the spouse must vacate the property upon the death of the life tenant.
How long does an estranged spouse have to claim personal property?
Depending on the type of property, a person has a year and a day to get it in this area.
What rights does a person have in the property when the spouse has a life estate?
A life estate gives the spouse the right to possess and use the property during their lifetime. The spouse has limited rights to alter the property or pass it on in their will, as the ownership reverts to the remainderman upon their death. The remainderman has a future interest in the property and will gain full ownership upon the spouse's death.
Is there a law according to which father has distribute his property equally among all his sons?
I don't know what country you're talking about but there is no such law in the US. When a person dies, his or her property will be left to whomever is named to receive the property in the will. if there is no will, the property will go to the spouse. If there is no spouse, the property will be inherited equally by all children of the deceased. If there are no children, no spouse, and no will, then I'm not sure.
Does a miltary soldier have to pay alimony to the ex spouse when he has a new spouse?
Who has a new spouse? The person paying alimony or the one receiving it? If it's the one paying it, then he/she is still required to pay it even if he/she remarries. If it's the one receiving it...generally, alimony payment terminates if the recipient remarry.
Can you quick claim property from your name to another person even though you are married?
You can quit claim your rights to the property. However, that doesn't quit claim your spouse's rights to the proprty. Once married the spouse in most states has rights to the property.
Are married spouses entitled to share of property acquired by inheritance by one of the spouses?
In most jurisdictions in the United States, except Louisiana, a surviving spouse has the legal right to inherit even if the will says otherwise. A person cannot disinherit their spouse. The state laws will distribute some or all of the estate to the surviving spouse under the doctrine of election.
When a spouse dies with property that is inherited in Ohio does that property convey to the surviving spouse if there is no will?
yes
