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Can you be on your wifes home owners insurance even though you are not on the deed or loan?
Wiki User
∙ 11y ago
Yes, The insured can add a spouse to the policy as a co-insured. You don't have to be on the deed.
Wiki User
∙ 11y ago
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Does it matter whose name is first on the deed to a house?
The order in which owners are listed on a deed does not affect the rights or responsibilities of the owners.
What are co-signers rights on home mortgages?
NONE!!!!!!!!!! AS LONG...... as they did not take TITLE with you in the property. Check and see if they are on the Deed or security deed.. that will answer your question. I have had people surprised that they are actually co-owners with there parents or whom ever in a "co-signer" situtation.
How do you split closing costs when ownership interest is divided?
The costs should be divided according to the interests acquired by the deed. If no particular scheme of interest is mentioned in the deed then the co-owners each own an equal interest. For example:If there are three on the deed then they each own a third then each should pay one-third of the closing costs and receive one-third of the net proceeds.If there are three on the deed and the deed states one shall own a one-half interest and the other two shall each own a one-quarter interest then the net proceeds and closing costs should be split accordingly.The costs should be divided according to the interests acquired by the deed. If no particular scheme of interest is mentioned in the deed then the co-owners each own an equal interest. For example: If there are three on the deed then they each own a third then each should pay one-third of the closing costs and receive one-third of the net proceeds.If there are three on the deed and the deed states one shall own a one-half interest and the other two shall each own a one-quarter interest then the net proceeds and closing costs should be split accordingly.The costs should be divided according to the interests acquired by the deed. If no particular scheme of interest is mentioned in the deed then the co-owners each own an equal interest. For example: If there are three on the deed then they each own a third then each should pay one-third of the closing costs and receive one-third of the net proceeds.If there are three on the deed and the deed states one shall own a one-half interest and the other two shall each own a one-quarter interest then the net proceeds and closing costs should be split accordingly.The costs should be divided according to the interests acquired by the deed. If no particular scheme of interest is mentioned in the deed then the co-owners each own an equal interest. For example: If there are three on the deed then they each own a third then each should pay one-third of the closing costs and receive one-third of the net proceeds.If there are three on the deed and the deed states one shall own a one-half interest and the other two shall each own a one-quarter interest then the net proceeds and closing costs should be split accordingly.
If you get a title comittment do you also need title insurance or does title comittment mean you get title insurance also?
A title commitment is just what it is. It's a commitment. Meaning as long as all of the conditions are met on that commitment, after closing, title insurance will be issued. A commitment is not considered insurance. Your title is not insured until after closing when the new deed and/or mortgage has been recorded. At that point, the title company issues insurance. If you are buying a new home and depending on where you are, you should receive your title policy about 60 days after closing along with either the original or a copy of your deed.
If your name is not on mortgage application can it be put on deeds?
No. All the owners by deed must sign the mortgage. A lender will require all owners to sign the mortgage in case there is a default and the lender takes possession of the property. If all owners didn't transfer their interest to the lender the lender cannot foreclose of the property. If the deed and mortgage are both done at the same time, all the owners by deed must sign the mortgage. A lender will require all owners to sign the mortgage in case there is a default and the lender takes possession of the property. If all owners didn't transfer their interest to the lender the lender cannot foreclose of the property.Also take note that if a parent grants a mortgage to a bank there is a due on transfer clause in the mortgage. That means if there is a transfer of ownership the bank can call in the full amount of the loan. Therefore if the parent transfers the property to their children after they have mortgaged the property, the bank can demand payment of the mortgage in full.You should seek legal advice before you act.
If my mother is deceased and the deed and home owners insurance is still in her name and the homeowner insurance lapsed How can I get new insurance?
Add your name to the deed.
Is the presence of title insurance recorded on the deed?
No it is not. The same way that your homeowner's insurance is not recited into the deed either. Title insurance is non-transferrable between owners.
Does it matter whose name is first on the deed to a house?
The order in which owners are listed on a deed does not affect the rights or responsibilities of the owners.
Who is actually the owner on a survivorship warranty deed?
The grantees in the deed are the actual owners. If one dies their interest in the property is automatically passed to the survivor.The grantees in the deed are the actual owners. If one dies their interest in the property is automatically passed to the survivor.The grantees in the deed are the actual owners. If one dies their interest in the property is automatically passed to the survivor.The grantees in the deed are the actual owners. If one dies their interest in the property is automatically passed to the survivor.
What is another name for a home owners paper?
Deed
How do you get your new wifes name on your home title and deed?
You and the "someone else" create and sign a new deed for the home that includes the wife's name, and then you record it with the registry (or assessor, or local equivalent).
If your spouse is on the deed but not the mortgage do the proceeds at closing go to the mortgage holder or both parties on the deed?
The "parties on the deed" are the owners of the property. The proceeds go to the owners. The proceeds wil be split 50-50 if there is a conflict about the distribution and as long as there is no language in the deed creating a different scheme of ownership.
Can a recorded warranty deed be corrected to add a grantee?
No. The grantees in the deed are the new owners of the property. To add another grantee those new owners need to execute a new deed that conveys an interest to the one who was left out of the original deed. That's why deeds should always be drafted by a legal professional. Errors made by non-professionals can be costly to correct if they can be corrected.No. The grantees in the deed are the new owners of the property. To add another grantee those new owners need to execute a new deed that conveys an interest to the one who was left out of the original deed. That's why deeds should always be drafted by a legal professional. Errors made by non-professionals can be costly to correct if they can be corrected.No. The grantees in the deed are the new owners of the property. To add another grantee those new owners need to execute a new deed that conveys an interest to the one who was left out of the original deed. That's why deeds should always be drafted by a legal professional. Errors made by non-professionals can be costly to correct if they can be corrected.No. The grantees in the deed are the new owners of the property. To add another grantee those new owners need to execute a new deed that conveys an interest to the one who was left out of the original deed. That's why deeds should always be drafted by a legal professional. Errors made by non-professionals can be costly to correct if they can be corrected.
Both husband and wife are on deed as joint owners. Can husband make a deed to a girlfriend without the wife knowing?
no
Do the new owners on a title deed revoke a previous quitclaim deed?
The grantees on the most current deed are the new owners. Once an owner transfers their interest by deed they no longer own the property. Their own deed isn't revoked, they simply have no more rights of ownership. Their deed is null and void. In order to perfect your title all the owners must sign the deed transferring the property to you.Your question is somewhat confused. If the prior owner of a property signed a quitclaim deed to someone else, they have already conveyed the property and cannot convey it to you.The grantees on the most current deed are the new owners. Once an owner transfers their interest by deed they no longer own the property. Their own deed isn't revoked, they simply have no more rights of ownership. Their deed is null and void. In order to perfect your title all the owners must sign the deed transferring the property to you.Your question is somewhat confused. If the prior owner of a property signed a quitclaim deed to someone else, they have already conveyed the property and cannot convey it to you.The grantees on the most current deed are the new owners. Once an owner transfers their interest by deed they no longer own the property. Their own deed isn't revoked, they simply have no more rights of ownership. Their deed is null and void. In order to perfect your title all the owners must sign the deed transferring the property to you.Your question is somewhat confused. If the prior owner of a property signed a quitclaim deed to someone else, they have already conveyed the property and cannot convey it to you.The grantees on the most current deed are the new owners. Once an owner transfers their interest by deed they no longer own the property. Their own deed isn't revoked, they simply have no more rights of ownership. Their deed is null and void. In order to perfect your title all the owners must sign the deed transferring the property to you.Your question is somewhat confused. If the prior owner of a property signed a quitclaim deed to someone else, they have already conveyed the property and cannot convey it to you.
If both names are on the mortgage and deed and you breakup who is responsible?
Both owners.
Can you get your house back if you signed a quitclaim deed?
If you own property and execute a quitclaim deed transferring your interest. You no longer own the property. If the property is subject to a mortgage or if you made the transfer to avoid creditors you have complicated the title and created a problem for yourself but you cannot undo that deed. The grantee in that deed would need to convey their interest back to you. Transferring property that is subject to a mortgage will trigger the "due on transfer" clause. You should consult with an attorney.
