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Generally, by a deed, a court decree or by inheritance.
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∙ 14y ago
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What is mean by leasehold premises?
A leasehold premises is a property that is held by a lease. The occupants can remain on the property and in possession until the lease has expired.
Who own assets after someone dies but before the assets are transferred to the heirs via a will?
The assets of an estate are held by the trustees of the estate. After all debts and testamentary dispositions have been satisfied the residue may be distributed
What type of industry is the Escrow Company in?
The Escrow Company is in the real estate industry. Basically, the escrow is the money held by a third party on behalf of a transacting party. In the USA its specifiacally used in real estate for property tax and insurance.
Can anyone with a brokers license close a real estate transaction?
Usually a title company or a lending institution do this. That is because there are laws regarding funds held in escrow, not to mention the fine points of the law regarding the transaction, that most do not know.
Is a self directed IRA LLC a legal way to start a business?
A self directed IRA LLC is a good way to invest in businesses and real estate if you are investing strictly for the sake of having passive investments which yield passive income. If your intention is to operate a business and still take advantage of tax deferred investments in real estate, gold and own shares of other privately held companies then your best bet is to start a solo 401k. With a solo 401k you can start the business and still have a self directed solo 401k. For more information on the solo 401k, you may visit www.irafinancialservices.com
In Ontario Canada estate law under what conditions can the heir of an estate be held personally liable for the debts of the deceased if the will was never probated?
If they took possession of estate assets, they can be held liable. Taking the estate through probate is done to cut off these sorts of claims.
What percent was the First Estate from the French Revolution of the French Population?
The third estate held 97% [of which held 80% peasants] the Second estate held 1% and the First estate held 2%.
Why was the estate general held?
the estate-general was held to discuss the high taxes in France.
what happens to seller held mortgage when mortgagor dies?
If it ws done properly, the mortgage is a lien against the real estate. If the mortgage is not paid by the estate then the holder of the mortgage can foreclose and take possession of the property. You should consult with an attorney who can review the situation and explain your options.If it ws done properly, the mortgage is a lien against the real estate. If the mortgage is not paid by the estate then the holder of the mortgage can foreclose and take possession of the property. You should consult with an attorney who can review the situation and explain your options.If it ws done properly, the mortgage is a lien against the real estate. If the mortgage is not paid by the estate then the holder of the mortgage can foreclose and take possession of the property. You should consult with an attorney who can review the situation and explain your options.If it ws done properly, the mortgage is a lien against the real estate. If the mortgage is not paid by the estate then the holder of the mortgage can foreclose and take possession of the property. You should consult with an attorney who can review the situation and explain your options.
Is your home part of your estate?
If you own your home at the time of your death it will become part of your estate. If the title is held jointly with another person the title will pass automatically to that person at the time of your death and the home will not become part of your estate.
What is the definition of public estate?
publicly held lands are the public estate.
What estate in the French revolution held the most people?
The third estate
Can an executor be held personally liable for the estate tax?
can the executor be liable for estate tax
Can a sibling be held liable for another sibling's debts if the deceased sibling was not married had no children and left no assets or any estate?
No, a sibling will not be responsible for the debts. The estate is responsible for the debts. If the estate has no assets, the creditors will not get paid. If there are not enough assets to pay the debts, the beneficiaries will not receive anything.
What does Job Held mean?
The meaning of held is a pas tense of hold. To hold as in, grasp, sustain or keep possession of.
Can you hold ownership of real estate through a secondary contract without being on the deed?
NO. Ownership of real estate is evidenced by a deed recorded in the land records. If you don't want your name on the deed then you need to arrange to have the title held by another entity such as the trustee of a trust. In that case, the property would be owned by the trust.NO. Ownership of real estate is evidenced by a deed recorded in the land records. If you don't want your name on the deed then you need to arrange to have the title held by another entity such as the trustee of a trust. In that case, the property would be owned by the trust.NO. Ownership of real estate is evidenced by a deed recorded in the land records. If you don't want your name on the deed then you need to arrange to have the title held by another entity such as the trustee of a trust. In that case, the property would be owned by the trust.NO. Ownership of real estate is evidenced by a deed recorded in the land records. If you don't want your name on the deed then you need to arrange to have the title held by another entity such as the trustee of a trust. In that case, the property would be owned by the trust.
What happens if someone dies and has no will?
Their estate is held by the court and people are invited to make their case for a part of that estate.
