0
Deeds and ownership is held jointly with mother and son upon death of mother does mother have an estate?
Wiki User
∙ 15y ago
If mother and son own real property as joint tenants with the right of survivorship when mother dies the son will become the sole owner and the property will not become a part of the mother's estate.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Do you always have a warranty deed in real estate transactions?
No. Quitclaim deeds are often used to transfer ownership of real estate.No. Quitclaim deeds are often used to transfer ownership of real estate.No. Quitclaim deeds are often used to transfer ownership of real estate.No. Quitclaim deeds are often used to transfer ownership of real estate.
What is registrar of deeds?
The registrar of deeds is a section within the government that maintains public records. They are responsible for recording things related to real estate ownership and other property documents.
How do you transfer real estate?
Ownership of real estate is generally transferred by deed. Deeds should be drafted by an attorney or other legal professional who specializes in real estate law who can draft a proper deed for your jurisdiction, explain the various tenancies and explain the consequences of the transfer. Ownership of real estate can also be transferred to heirs when the owner dies.
Does grantor retain ownership if she deeds her house with a warranty deed with life estate to her son?
I'm not an attorney, but a thought is: the mother and the son each hold certain rights, and I suppose that actual ownership is reserved by the mother. But she can't sell the property as long as the son lives, and the son can't sell it at all. The provisions of the life estate would make various things clear. For example, ownership goes to what party at the son's death? Probably the mother if she's still alive, but it goes to someone else if she pre-deceases her son. Does the son have the right to rent it out and still retain the life estate? Does he have the right to sell his interest in the life estate (not the property-- he doesn't own it) and still retain the life estate? This would be a strange arrangement indeed, but it might be possible to do it, if someone is daring enough to buy.
Can a movable things with small value be registered with the registry of deeds as chattel mortgages?
No. Registries of Deeds are land registries whose purpose is to document the ownership of real property.No. Registries of Deeds are land registries whose purpose is to document the ownership of real property.No. Registries of Deeds are land registries whose purpose is to document the ownership of real property.No. Registries of Deeds are land registries whose purpose is to document the ownership of real property.
Mother has died and left her house to the son and daughter. No mortgage. What do we need to do now to change the deeds?
Mother's estate must be probated in order for title to the property to pass legally to her heirs. Once the estate has been probated title is in the heirs a deed is not necessary to prove ownership because probate records are part of the public record regarding land ownership.Many people choose to have a new deed drafted and the requirements vary from state to state. Some states require the use of a straw. You should ask the attorney who is handling the estate to advise you about executing the necessary deeds to get the property into your names in the land records.
What is the duty of the Cook County recorder of deeds?
The duty of the Cook County recorder of deeds is to maintain and preserve public records, such as property deeds and real estate documents, for the county. They are responsible for ensuring the accuracy and accessibility of these records for residents and businesses.
Deed Transfers?
Deed transfers allow one party to transfer real estate to another party. Deeds are the legal documents used to prove ownership of real estate. When a seller gives the real estate to the buyer, he uses a deed transfer to legally complete the deal.
Where can one find information on real estate deeds?
Information on real estate deeds can be found in county and state records. They can also be found through library archives and by asking your real estate agent.
Where can you find the answers to real-estate questions?
In the following categories: real estate, law and legal issues, deeds and ownership, property law, estates, probate, mortgages, liens, etc. There are also several online review courses and exam prep that help individual going to take real estate exams to review lessons and increase their chances of passing the license exam.
How do you properly convey real estate acquired while single selling while married?
Consult a title company or attorney to make sure you are correctly disposing of the home, but usually you will file a Grant Deed that deeds ownership from you alone to the new owner.
Is an invoice legal proof of ownership?
Yes, in most states an invoice will be legal proof of ownership. You will need to visit your local courthouse to get deeds, titles, etc.
