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How are homeowner claims paid to person who had deed but not policy?


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Answered 2007-12-15 14:32:48

Homeowner insurance claims are paid to the policy holder, in a condo and the damages are being reimbursed by the association the deed and title holder gets the refund

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Did the person that moved out sign a quit claim deed? If not then they will probably have to remain on the policy.


Your question assumes that the deed holder and the owner are two separate people, one or both of which have their name on the deed. Or, the deed is held by a bank, or other entity. Association assessments are the responsibility of the owner listed on the deed, whether the owner or deed holder is a resident or not.


No . . . any Notary will do. But the Notary must actually see the person signing the deed.


What happens if the mortgage and deed are in two names and one claims banckrupcy



You are, but your mortgage company is on the deed and is also considered an owner of your home.


Often confused with a "short sell", a "deed in lieu" is used when a homeowner facing foreclosure asks the lender to accept the deed instead (in lieu) of foreclosure. A sample request for a deed in lieu can be found at the source below.


That is the legal language that constitutes a warranty deed. The deed expressly guarantees the grantor's good and clear title free from encumbrances not listed in the deed. The grantor covenants they will defend the title from all claims.That is the legal language that constitutes a warranty deed. The deed expressly guarantees the grantor's good and clear title free from encumbrances not listed in the deed. The grantor covenants they will defend the title from all claims.That is the legal language that constitutes a warranty deed. The deed expressly guarantees the grantor's good and clear title free from encumbrances not listed in the deed. The grantor covenants they will defend the title from all claims.That is the legal language that constitutes a warranty deed. The deed expressly guarantees the grantor's good and clear title free from encumbrances not listed in the deed. The grantor covenants they will defend the title from all claims.


As most home owners associations are written into the deed as a convanant there is no way out but to sell the property.


In our little corner of the world we define/clarify a homeowner as the owner of record on the deed. So, yes, in our neck of the woods, you would have to actually be listed on the deed to be considered the "homeowner" that is eligible to be on the board, if our governing documents restricted directors to association members. If you are not listed on the deed, you are not a member of our association, even though you may be married to the person listed on the title/deed. If you're name isn't on there with him/her, then you are not a qualified owner/member of the association. However, our directors are not required to be association homeowners/members, so a spouse of a member could run for our board of directors.


Yes. A person who signs a quitclaim deed relinquishes all rights they have in that property.


Is there a special form for a quit claims deed for a time share, and how do you file


The deed holder is responsible for paying the HOA fees.The deed holder is responsible for paying the HOA fees.The deed holder is responsible for paying the HOA fees.The deed holder is responsible for paying the HOA fees.


You are referring to a "quitclaim" deed. If the deed is valid then the person named in the deed is the rightful owner.


The only way to get an owner "off" a deed is for the person to convey their interest in the property to you by executing a deed voluntarily.


That person must voluntarily execute a deed to a new owner. You should consult with an attorney who can draft a proper deed.That person must voluntarily execute a deed to a new owner. You should consult with an attorney who can draft a proper deed.That person must voluntarily execute a deed to a new owner. You should consult with an attorney who can draft a proper deed.That person must voluntarily execute a deed to a new owner. You should consult with an attorney who can draft a proper deed.


Warranty deed is nothing property transfer from one person to another person, and it goes on clear and clear title with out any obligations, and deed is nothing but property transferring from one person to another person it may or may not be with some obligations.


The only way a person is "removed" from a deed is by conveying her interest to someone else by a deed.


The people on the existing deed create and sign a new deed by which they convey the property from themselves to themselves and the additional owner. This new deed now has all of them on it. The idea of "adding a person to a deed" is technically wrong, because the old deed is not changed. A new deed has to be created and recorded.You would to have your attorney draw up a "quit claim deed" to deed half your interest to the party you want to deed that interest to. That deed will then be filed at the courthouse and that would be it. This will allow that person to have interest in the home, but, not be liable for the debt personally that may be on the home.


a person who does a good deed is called a goodsmariton. like the story in the gospel


The person whose name you seek to remove must convey their interest to you by a deed.The person whose name you seek to remove must convey their interest to you by a deed.The person whose name you seek to remove must convey their interest to you by a deed.The person whose name you seek to remove must convey their interest to you by a deed.


The simplest thing to do is a quit claim deed. It will give the other person all the rights to the property that you had.


Not exactly. The person with title to a property is the person who legally owns it. A deed and a title are not the same thing. A deed is a legal document that transfers the title from one person to another.


She can buy a new policy all day long and claim she had never had a policy cancel if: 1. She is the only person on the deed to the house. 2. She never had a policy cancel.


The life estate can be filed regardless of the deed. As long as the person granting the life estate is on the deed it should be good.



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