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What else can I help you with?
How long do you have to wait to file bankruptcy after I have passed a property on to your son?
Thank you for passing your property to my son. Since I do not have a son, I guess it remains in limbo. If your son paid you the value (equity) of your home, you will have to disclose the transfer, but it will have no effect on your bankruptcy. If you gave the property to your son for free, and there was equity in the property, probably two years, if you gave the property knowing you were insolvent and intending to deprive your bankruptcy estate of the asset. It would have been better to discuss this with a bankruptcy lawyer before passing the property, as you might have been able to exempt the property in the filing.
How can you transfer the deed to my son after my wife passed away and the deed is in both our names?
If you and your wife owned the property by a survivorship deed you are now the sole owner and you can execute a deed that transfers the property to your son. You should always consult with an attorney who specializes in real estate when deed changes are contemplated. The attorney can review your situation, explain your options and inform you of all the consequences of making such a transfer. You should also discuss the reservation of a life estate. Remember that once you make the transfer the property will be vulnerable to your son's creditors, if any.
Can a co-signer be removed from a title?
No. Not unless they transfer their interest in the property voluntarily.No. Not unless they transfer their interest in the property voluntarily.No. Not unless they transfer their interest in the property voluntarily.No. Not unless they transfer their interest in the property voluntarily.
Is work intensive or extensive property?
Work is an extensive property because it depends on the quantity of substance present. Work is not an intrinsic property of a substance, but rather a measure of energy transfer between a system and its surroundings.
Would acquiring the original deed be better than a quit claim deed?
No. In order to transfer title to real property to a new owner the new owner must get a deed from the present owner.The "original deed" was a transaction between the grantor and grantee on that deed.No. In order to transfer title to real property to a new owner the new owner must get a deed from the present owner.The "original deed" was a transaction between the grantor and grantee on that deed.No. In order to transfer title to real property to a new owner the new owner must get a deed from the present owner.The "original deed" was a transaction between the grantor and grantee on that deed.No. In order to transfer title to real property to a new owner the new owner must get a deed from the present owner.The "original deed" was a transaction between the grantor and grantee on that deed.
Why do people do a quitclaim deed on their properties?
In order to transfer their interest in the property to a new owner.In order to transfer their interest in the property to a new owner.In order to transfer their interest in the property to a new owner.In order to transfer their interest in the property to a new owner.
Can the joint property holder transfer the property?
Generally, they can transfer their own interest in the property but not the interest of the other co-owner.Generally, they can transfer their own interest in the property but not the interest of the other co-owner.Generally, they can transfer their own interest in the property but not the interest of the other co-owner.Generally, they can transfer their own interest in the property but not the interest of the other co-owner.
How do you transfer a propety into my name?
Ownership of property is transferred by a deed or by a probate proceeding. The present owner of the property must execute a deed that names you as the grantee. If you inherited the property you should consult with the attorney who handled the estate if you want the property transferred to you by a deed.
My father died in 2003 and named a son as executor. Can his surviving spouse transfer ownership of their home to only one son and remove other son as a beneficary after her death?
If the property was owned by the parents with a right of survivorship then title passed automatically to the surviving spouse bypassing probate. In that case the property is the sole property of the surviving spouse. She can convey it to anyone she chooses or she can leave it in her will to whoever she chooses. That property is not under the control of the executor.
Transfer of property act 1882 deal with immovable or movable property?
It deals with both, the transfer of movable as well as immovable property.
Is private property always private?
Yes. Private property remains private property until it becomes public property by a transfer of title by deed or by a taking.Yes. Private property remains private property until it becomes public property by a transfer of title by deed or by a taking.Yes. Private property remains private property until it becomes public property by a transfer of title by deed or by a taking.Yes. Private property remains private property until it becomes public property by a transfer of title by deed or by a taking.
If a mother deeds a property to her son is it now legally his house can she take it back?
If mother conveyed property to her son by a valid deed then he is the new owner. She cannot nullify a deed once she has signed it and it has been recorded in the land records.If son granted mother a mortgage in the property and she reserved the right to foreclose in that mortgage document she can take the property back by foreclosure if he defaults on the mortgage.
