No. If you are on the mortgage you should also be on the deed.
When a decedent owned real property their estate must be probated for title to pass to the heirs. Also, the court must appoint a representative of the estate. You should seek the advice of an attorney who specializes in probate law for the procedure in your particular jurisdiction. In NJ, either the executor or the administrator will sign what we call an "executor's deed" where there is a will or an "administrator's deed" where the is no will. This is to formalize the transfer of the property. It is important to know that the beneficiaries or heirs technically own the property as of the date of death rather than the date of the deed. This deed is a formality only.
If the property is owned by two as husband and wife (tenants by the entirety), there is no need to change the deed to reflect the fact that only the survivor owns the property. Common practice in NJ is to do nothing in the way of changing the deed. However; if for some reason the surviving spouse still wants the decedent's name off the deed, he/she would sign a new deed by herself as the sole surviving owner conveying the property to herself as sole owner. At that point only the survivor's name is on the deed. Names are never "taken off deeds" to reflect that a former joint owner is no longer an owner. A new deed is created to do this.
You should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.You should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.You should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.You should always be on the deed if you are going to sign the mortgage. Otherwise you are promising to pay for property you do not own. If the other party leaves you will have to pay the mortgage.
No. If the estate has been probated and the file is closed then the owners by inheritance can convey the property by a deed that cites the probate as their source of title. An attorney who specializes in conveyancing should draft the deed.
Yes. New Jersey is a separate property state.Yes. New Jersey is a separate property state.Yes. New Jersey is a separate property state.Yes. New Jersey is a separate property state.
Her first name was Louisa; she lived in Plainfield, NJ.
Yes. If the property was owned as joint tenants with the right of survivorship the surviving joint tenant becomes the sole owner of the property. They do not need to make any changes in their deed but only record a copy of the death certificate in the land records to clear the title.
Continuing to pay property taxes on a house willed to you and your siblings without changing the deed may not necessarily be fraudulent, but it can lead to legal complexities. It's essential to ensure the property is properly transferred to the rightful heirs to avoid potential disputes and comply with legal requirements.Consulting with a legal professional can help clarify the necessary steps to address the situation lawfully.
No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.
He has a property in Hoboken, NJ.
Property tax liens do not expire.
too much