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A sheriff's deed is generally the result of some sort of judgment lien with the creditor taking possession of the property. It is generally not a fee absolute deed. Most of the time, the debtor buys the property back by paying the underlying debt.
In some states, a judgment deed isn't good unless the grantee obtains a court order that confirms title in the new owner. In some states it takes a certain number of years to perfect ownership in the grantee. Sometimes the debtor has a time period during which it can be redeemed.
You should consult with an attorney who specializes in real estate law in your jurisdiction who can review the title and determine how to perfect it in your jurisdiction. You should not make any improvements to the land until you do.
A sheriff's deed is generally the result of some sort of judgment lien with the creditor taking possession of the property. It is generally not a fee absolute deed. Most of the time, the debtor buys the property back by paying the underlying debt.
In some states, a judgment deed isn't good unless the grantee obtains a court order that confirms title in the new owner. In some states it takes a certain number of years to perfect ownership in the grantee. Sometimes the debtor has a time period during which it can be redeemed.
You should consult with an attorney who specializes in real estate law in your jurisdiction who can review the title and determine how to perfect it in your jurisdiction. You should not make any improvements to the land until you do.
A sheriff's deed is generally the result of some sort of judgment lien with the creditor taking possession of the property. It is generally not a fee absolute deed. Most of the time, the debtor buys the property back by paying the underlying debt.
In some states, a judgment deed isn't good unless the grantee obtains a court order that confirms title in the new owner. In some states it takes a certain number of years to perfect ownership in the grantee. Sometimes the debtor has a time period during which it can be redeemed.
You should consult with an attorney who specializes in real estate law in your jurisdiction who can review the title and determine how to perfect it in your jurisdiction. You should not make any improvements to the land until you do.
A sheriff's deed is generally the result of some sort of judgment lien with the creditor taking possession of the property. It is generally not a fee absolute deed. Most of the time, the debtor buys the property back by paying the underlying debt.
In some states, a judgment deed isn't good unless the grantee obtains a court order that confirms title in the new owner. In some states it takes a certain number of years to perfect ownership in the grantee. Sometimes the debtor has a time period during which it can be redeemed.
You should consult with an attorney who specializes in real estate law in your jurisdiction who can review the title and determine how to perfect it in your jurisdiction. You should not make any improvements to the land until you do.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoA sheriff's deed is generally the result of some sort of judgment lien with the creditor taking possession of the property. It is generally not a fee absolute deed. Most of the time, the debtor buys the property back by paying the underlying debt.
In some states, a judgment deed isn't good unless the grantee obtains a court order that confirms title in the new owner. In some states it takes a certain number of years to perfect ownership in the grantee. Sometimes the debtor has a time period during which it can be redeemed.
You should consult with an attorney who specializes in real estate law in your jurisdiction who can review the title and determine how to perfect it in your jurisdiction. You should not make any improvements to the land until you do.
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Is there a way to keep your home after a sheriffs auction?
Yes. You must pay off the debt in full and get a deed from the person who purchased the property at the sheriff's sale. That deed must be recorded immediately.
What is the difference between a Limited warranty and sheriffs Deed?
The difference is that a Limited warranty only offers warranty on objects that are labeled 87SQ-7681Qa76T. Sheriffs Deed is a deed that indicates your right for a object labeled QW786289-27252T.
How can a disinheritance deed be revoked?
There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.
What is a sheriffs lien?
A sheriffs lien occurs when a person gets in debt and their property or assets are seized. They are then sold by the sheriffs department to repay the debt.
Can supplementary deed supersede trust deed?
The only effective deed is a deed signed by the current owner of the property or in the case of a trust, the current trustee of a trust that owns property. If the owner conveys property by a deed after they have granted a mortgage by a trust deed the property is subject to the mortgage and if it's not paid the lender can take possession of the property.The only effective deed is a deed signed by the current owner of the property or in the case of a trust, the current trustee of a trust that owns property. If the owner conveys property by a deed after they have granted a mortgage by a trust deed the property is subject to the mortgage and if it's not paid the lender can take possession of the property.The only effective deed is a deed signed by the current owner of the property or in the case of a trust, the current trustee of a trust that owns property. If the owner conveys property by a deed after they have granted a mortgage by a trust deed the property is subject to the mortgage and if it's not paid the lender can take possession of the property.The only effective deed is a deed signed by the current owner of the property or in the case of a trust, the current trustee of a trust that owns property. If the owner conveys property by a deed after they have granted a mortgage by a trust deed the property is subject to the mortgage and if it's not paid the lender can take possession of the property.
Can a property be sold with out a deed?
No. A deed is the instrument by which real property is transferred.
Your husband owned the property prior to marriage but added your name to the deed. How much do you own?
If you are on the deed to the property you own a one half interest.If you are on the deed to the property you own a one half interest.If you are on the deed to the property you own a one half interest.If you are on the deed to the property you own a one half interest.
What is a palindrome for a paper that shows legal ownership of property?
Ownership of real property is evidenced by a deed or a certificate of title.
Who is responsible party from time of quit deed to recording of deed?
The owner of record is responsible for the property until the deed is recorded.The owner of record is responsible for the property until the deed is recorded.The owner of record is responsible for the property until the deed is recorded.The owner of record is responsible for the property until the deed is recorded.
Can cosigner sell the house?
Only the owner by deed can sell the property. If two people are on the deed both must sign the new deed in order to sell the property.Only the owner by deed can sell the property. If two people are on the deed both must sign the new deed in order to sell the property.Only the owner by deed can sell the property. If two people are on the deed both must sign the new deed in order to sell the property.Only the owner by deed can sell the property. If two people are on the deed both must sign the new deed in order to sell the property.
What happens if a person has a quitclaim deed and the original owners did not give up ownership of the property?
A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.
Could a Living estate over ride a quick deed?
If the owner of property conveys that property by a quitclaim deed while they still own it then they no longer own the property. It is now the property of the grantee in the deed.
