The state's court of equity or the state court which handles such proceedings over clearing property titles under such circumstances.
Contacting the land recorder's or assessor's office in the county in which the property is located will help obtain the information needed.
The county or state will sell property at a tax sale. This allows you to obtain a lien on the property for the amount of the taxes. If the owner does not remove the lien, the holder can foreclose and obtain clear title.
No. A bargain and sale deed is not the same as a warranty deed. The primary difference is that a bargain and sale deed does not guarantee that the seller holds clear title to the property.
Ownership of personal property is conveyed by a deed. A bill of sale is merely a transaction written on paper. The person who has ownership is the person listed on a deed or title. In the absence of a title, such as in furniture, a bill of sale is proof of ownership. It just depends on the type of property, and whether the property is required by law to have a title.
It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.
If you've lost you book of sale for a car title, you need to fill out an application to obtain a duplicate of a title.
It depends on the transaction. In most normal transactions the standard contract used by most Realtors will say something about clear title, a title commitment from the title company and other factors. If the buyer did not expect a clear title then it could be argued they received what they expected. The buyer should review the details of the title before signing the final documents to complete the sale. Any title insurance policy will show all easements and exceptions to a clear title. Full disclosure is best and expected but the fine details will really be based on the agreement signed by the buyer and the seller.
An estate that includes real estate must be probated in order for title to pass to the heirs. Until the estate is duly probated you don't own the property legally and cannot execute a valid deed. An attorney examining the title to the property for a proposed buyer would insist the estate be probated in order to pass clear title.
Both Deeds of Trust are listed in a title report. Ist Deed of Trust, fisrt position, second deed of trust, second position. Both liens will have to be paid off with a sale to clear the titl and they boths have to be shown prior to any sale, loan or refinance.
In Massachusetts yes $25.00
Lien means right on property to keep possession of it till debt due in respect of it is discharged. Thus a Bank has a lien on your property until the ouitstanding mortgage is paid.A lien is a means of "clouding" the title to your property. For example, there are mechanic's liens, tax liens, judgment liens, etc. If you have a lien on your property, that lien must be satisfied before you can reap the benefit of a sale of that property. In other words, you must "clear" the title (by paying sums due or performing) before you can pass that property through sale, etc. A title company can help you with this.
If you legally own the vehicle and have a bill of sale you can apply for a duplicate title at the state DMV. You must have all the proper paperwork however, so it might be in your best interest to call the local DMV office and find out exactly what is required.
The liens are usually in place when the bank or loan company takes possession of the property. The company/bank can pay off all liens and clear the title for resale or it can be put to auction with leins in place. Monies from sale are first used to clear title before new owner can take legal possession. Regulations can be different depending on type of property and state.
after closing and recording of property to new owner can a fidelity title company stop payment on a sale on a property. a lein was later discovered on the property after disbursments of sale were made by cashier checks and deposited
What do you mean? Did you purchase a home that has a lien on it? If so, you do not have a clear title to your home and the lien holder can take posession of your property. A lien should be paid off prior to completing a sale of a property. Good Luck
If you have a lien it will have to be satisfied at time of sale to clear title.
Not real property such as a house or acreage. There is a process where a persson can sell a vehicle if the title is missing but not if there is a lien against said vehicle. If the issue involves liens or judgments they generally have to be "satisfied", which usually means paid in full before a sale is allowed.
The local tax assessor will do this and the land will be offered for sale through them.
No. A sheriff's deed usually carries a warning that it does not represent that the debtor owned any interest in the property. You should have a comprehensive title examination performed by a professional to determine whether additional liens exist. A sheriff's deed is a good indication that the owner was in serious debt.
The POA was extinguished the moment the principal died whether or not the attorney in fact disclosed the death. Therefore he/she could not give a valid deed so the grantee did not take title to the property. The property is actually in the decedent's estate at this time.The legal expenses to clear the title will be costly. The decedent's estate must be probated. Future title examinations will reveal that the owner was deceased at the time of the sale. The AIF has committed fraud and theft of the proceeds of the sale. Those are serious criminal charges and you need to bring this situation to the attention of the "purchaser" of the property and the authorities or you may be considered an accomplice.The POA was extinguished the moment the principal died whether or not the attorney in fact disclosed the death. Therefore he/she could not give a valid deed so the grantee did not take title to the property. The property is actually in the decedent's estate at this time.The legal expenses to clear the title will be costly. The decedent's estate must be probated. Future title examinations will reveal that the owner was deceased at the time of the sale. The AIF has committed fraud and theft of the proceeds of the sale. Those are serious criminal charges and you need to bring this situation to the attention of the "purchaser" of the property and the authorities or you may be considered an accomplice.The POA was extinguished the moment the principal died whether or not the attorney in fact disclosed the death. Therefore he/she could not give a valid deed so the grantee did not take title to the property. The property is actually in the decedent's estate at this time.The legal expenses to clear the title will be costly. The decedent's estate must be probated. Future title examinations will reveal that the owner was deceased at the time of the sale. The AIF has committed fraud and theft of the proceeds of the sale. Those are serious criminal charges and you need to bring this situation to the attention of the "purchaser" of the property and the authorities or you may be considered an accomplice.The POA was extinguished the moment the principal died whether or not the attorney in fact disclosed the death. Therefore he/she could not give a valid deed so the grantee did not take title to the property. The property is actually in the decedent's estate at this time.The legal expenses to clear the title will be costly. The decedent's estate must be probated. Future title examinations will reveal that the owner was deceased at the time of the sale. The AIF has committed fraud and theft of the proceeds of the sale. Those are serious criminal charges and you need to bring this situation to the attention of the "purchaser" of the property and the authorities or you may be considered an accomplice.
A sheriff's sale indicates that a creditor won a court judgment and acquired the legal right to sell the property to satisfy the judgment. A lender wants the property to be free and clear of other liens before taking title by a deed in lieu of a mortgage foreclosure. An answer would require more details about the debt underlying the sheriff's sale.
Whenever the title to the property has been quieted in the name of the purchaser at the foreclosure sale.
Get StartedA Bargain and Sale Deed is a type of real property (i.e. land or a building like a house or apartment) deed where the grantor or owner of the property transfers (grants) their portion of interest in the property in which the grantor has title. A Bargain and Sale Deed is commonly used when a property is transferred between parties unfamiliar to each other as it provides certain safeguards for the Grantee or buyer. A Bargain and Sale Deed can be drafted to provide a guarantee to the buyer that the seller owns the property free and clear of any debt (unless the debt is disclosed in the deed). This type of deed can also be drafted without such a guarantee in the event the Grantor has disclosed existing indebtedness to the Grantee.**If the Grantor desires to provide a guarantee against problems with the title regardless of when or under whose ownership they occurred, a Warranty Deed is more appropriate. If the Grantor only wishes to guarantee against problems with the title to the property through the time the Grantor owned the property a Special Warranty Deed is needed. If the Grantor does not desire to provide any guarantees regarding title or the seller's authority to sell the property free and clear of debt, then a Quit Claim Deed is best.
Yes it will be a bonder title it may be easier to get a title from another state like Maine and transfer it into Texas.
You can if you would like but it is not mandatory.
I believe in almost all states you must have a bill of sale .