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How can you get caliber to understand that you deeded your property to hsbc in 2010 three years before caliber acquired the account from hsbc tax records show the title change on february 2010?
Wiki User
∙ 10y ago
To get Caliber to understand that you deeded your property to HSBC in 2010, you will have to write out an affidavit stating all the details, as well as provide copies of the documentation to prove it.
Wiki User
∙ 10y ago
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Is income from separate property considered community property?
No...at least not initially. The following are the most common forms of separate property: * inheritances and gifts * heirlooms * chattels used wholly or principally for a business * property acquired under a trust * property that the partners declare is separate under an agreement * property acquired before the relationship began * property acquired with the proceeds of separate property and not intended for the use or benefit of both partners However if you take this income and place it in a joint bank account, it will likely change to community property. Also, if you use this money on your spouse's separate property, courts typically would see this as a gift and also lose its character.
What is the account entry if an asset is acquired at no cost?
Debit Assets account and credit Capital Account
Could property in the form of a cash gift from parents acquired before marriage become community property if it is invested by one spouse during the marriage in the sole name of that spouse?
No as long as that cash is in a separate account and has not been combined with marital assets.
What is the statistics of california's homelessness from 2005-2010?
Statistics on homeless individuals aren't generated because the government runs the census. Therefore the government can't account for individuals who haven't acquired property.
In a community property state is property inherited after marriage considered community property?
Property acquired prior to marriage is separate property and remains separate unless the spouse is granted on title and contributes to the mortgage payments from community funds, then they acquire an interest in that separate property in proportion to their contributions. Paying insurance taxes, utilities is not considered a basis to make the property community.
Your joint account with your wife had been frozen due to a debt she owed Can your personal account be frozen too as a result of that?
If a joint account with a wife had been frozen because of a debt she owed, a husband's personal account can also be frozen, but it depends on when the debt was acquired and who the money is owed to. A legal professional will be able to advise a person about the laws of their state as it may differ about community property laws.
Is a bank account tangible property?
Yes. A Bank account is the personal property of the person who owns and operates the bank account. It will be considered an asset for the account owner. Anything that has a monetary value and belongs to someone is called an asset. Since a bank account is worth as much money that is in the account and belongs to a customer, it is the personal property of that person.
Is a bank account tangible personal property?
Yes. A Bank account is the personal property of the person who owns and operates the bank account. It will be considered an asset for the account owner. Anything that has a monetary value and belongs to someone is called an asset. Since a bank account is worth as much money that is in the account and belongs to a customer, it is the personal property of that person.
Who pays for property tax?
Usually the owner of the property is the one that pays the property taxes on the owners property. Some time the mortgage company will pay them from a escrow account but the money that is in the escrow account comes from the property owners monthly payments.
What is a mortgage escrow account?
An escrow account associated with a mortgage is an account that is maintained by the mortgage holder and funded by the mortgagee. Part of the monthly mortgage payment goes into this escrow account to pay for property insurance and property taxes.
What is a POM account?
Property and Opertional Maintainance.
What is an escrow account used for?
Escrow account is used to pay the taxes and insurance of the property
