Want this question answered?
$500000 a year
Yes, you pay your home owners fees to your property management company. Read more at www.33rdcompany.com/Owner%20FAQ.html
At Remaxstar Estate Agents Ilford, our transparent approach ensures competitive and tailored fees for our exceptional property management services. We prioritize your investment's success. For detailed information, visit estateagentsilford.co.uk. Your property, our expertise!
Cars are not subject to property tax. All states charge registration fees.
The person who owns the property has a recorded deed that states he/she is the owner. Other parties can place a lien on the property for money owed (such as repairs, or home owner association fees), but that has to be recorded at the courthouse. The memo line is usually used for a reminder to the writer as to the purpose of the check. Additional information: NO. There needs to be granting language in a mortgage document. It needs to describe the property it covers and it needs to be recorded with the land records. It needs to meet the same requirements as a deed because a mortgage is a conveyance of sorts.
These are called "public schools" and there are fees to attend but those are paid in the form of property taxes paid each year by homeowners.
The loser.
The outstanding fees will show up at the closing. Obtaining a certificate that there are no fees due is an automatic part of a closing on a condo unit or a property subject to any association fees.
An elderly owner's property cannot be quitclaimed in order to avoid the property being used to pay nursing home fees. After any transfer the property is generally subject to attachment for fees for a period of five years depending on the jurisdiction and the details. You should consult with an attorney in your jurisdiction for advice on this issue.
Generally, the association will work with its counsel to file a lien on your property that you own within the association.
Fees collected in a state are taxes on income, payroll, property, sales, imports, estates and gifts.
You need to consult with an attorney. Minor children usually acquire an interest only by inheritance.If the child is a minor:You can execute a deed that transfers your property to a minor child, however, it's not a good idea. Adding a child's name would actually complicate the title to the property and could result in legal costs down the road. A problem would arise if the property must be sold or if you decide to take the child's name "off" the property. At that time you will encounter legal difficulties.Generally, if the property must be sold, a guardian would have to be appointed by a court to sell the property for the minor. Remember that the property will be considered the child's property. The guardian will need to obtain a licensefrom the court. The court will require the appointment of a 'guardian ad litem' who would need to review the proposed sale and report back to the court whether it is in the best interest of the child. All those appointees would need to be paid for their services. There would be court costs and attorney's fees if you need to hire an attorney. After the sale, the court would require that the proceeds be supervised on behalf of the child until they reach the age of eighteen.In some states, a child can refuse the property when she comes of age and the conveyance could be voided. That might cause other problems.If nothing will be done with the property until the child becomes an adult, and it's a friendly conveyance (not one carried out to defraud or to purposely encumber the title), then there is no prohibition against it in Massachusetts. However, if the conveyance is done to avoid creditors the court can void the conveyance and the creditors can seize the property.There is one more factor to consider. Once the child becomes eighteen, remember- they are the legal owner and the relationship may not be so friendly. They may refuse to convey the property back unless they receive compensation. Also, the property will become vulnerable to their creditors.If the child is an adult:An attorney can draft a proper deed for your jurisdiction and explain the legal consequences of the transfer and tax consequences, if any.You need to consult with an attorney. Minor children usually acquire an interest only by inheritance.If the child is a minor:You can execute a deed that transfers your property to a minor child, however, it's not a good idea. Adding a child's name would actually complicate the title to the property and could result in legal costs down the road. A problem would arise if the property must be sold or if you decide to take the child's name "off" the property. At that time you will encounter legal difficulties.Generally, if the property must be sold, a guardian would have to be appointed by a court to sell the property for the minor. Remember that the property will be considered the child's property. The guardian will need to obtain a licensefrom the court. The court will require the appointment of a 'guardian ad litem' who would need to review the proposed sale and report back to the court whether it is in the best interest of the child. All those appointees would need to be paid for their services. There would be court costs and attorney's fees if you need to hire an attorney. After the sale, the court would require that the proceeds be supervised on behalf of the child until they reach the age of eighteen.In some states, a child can refuse the property when she comes of age and the conveyance could be voided. That might cause other problems.If nothing will be done with the property until the child becomes an adult, and it's a friendly conveyance (not one carried out to defraud or to purposely encumber the title), then there is no prohibition against it in Massachusetts. However, if the conveyance is done to avoid creditors the court can void the conveyance and the creditors can seize the property.There is one more factor to consider. Once the child becomes eighteen, remember- they are the legal owner and the relationship may not be so friendly. They may refuse to convey the property back unless they receive compensation. Also, the property will become vulnerable to their creditors.If the child is an adult:An attorney can draft a proper deed for your jurisdiction and explain the legal consequences of the transfer and tax consequences, if any.You need to consult with an attorney. Minor children usually acquire an interest only by inheritance.If the child is a minor:You can execute a deed that transfers your property to a minor child, however, it's not a good idea. Adding a child's name would actually complicate the title to the property and could result in legal costs down the road. A problem would arise if the property must be sold or if you decide to take the child's name "off" the property. At that time you will encounter legal difficulties.Generally, if the property must be sold, a guardian would have to be appointed by a court to sell the property for the minor. Remember that the property will be considered the child's property. The guardian will need to obtain a licensefrom the court. The court will require the appointment of a 'guardian ad litem' who would need to review the proposed sale and report back to the court whether it is in the best interest of the child. All those appointees would need to be paid for their services. There would be court costs and attorney's fees if you need to hire an attorney. After the sale, the court would require that the proceeds be supervised on behalf of the child until they reach the age of eighteen.In some states, a child can refuse the property when she comes of age and the conveyance could be voided. That might cause other problems.If nothing will be done with the property until the child becomes an adult, and it's a friendly conveyance (not one carried out to defraud or to purposely encumber the title), then there is no prohibition against it in Massachusetts. However, if the conveyance is done to avoid creditors the court can void the conveyance and the creditors can seize the property.There is one more factor to consider. Once the child becomes eighteen, remember- they are the legal owner and the relationship may not be so friendly. They may refuse to convey the property back unless they receive compensation. Also, the property will become vulnerable to their creditors.If the child is an adult:An attorney can draft a proper deed for your jurisdiction and explain the legal consequences of the transfer and tax consequences, if any.You need to consult with an attorney. Minor children usually acquire an interest only by inheritance.If the child is a minor:You can execute a deed that transfers your property to a minor child, however, it's not a good idea. Adding a child's name would actually complicate the title to the property and could result in legal costs down the road. A problem would arise if the property must be sold or if you decide to take the child's name "off" the property. At that time you will encounter legal difficulties.Generally, if the property must be sold, a guardian would have to be appointed by a court to sell the property for the minor. Remember that the property will be considered the child's property. The guardian will need to obtain a licensefrom the court. The court will require the appointment of a 'guardian ad litem' who would need to review the proposed sale and report back to the court whether it is in the best interest of the child. All those appointees would need to be paid for their services. There would be court costs and attorney's fees if you need to hire an attorney. After the sale, the court would require that the proceeds be supervised on behalf of the child until they reach the age of eighteen.In some states, a child can refuse the property when she comes of age and the conveyance could be voided. That might cause other problems.If nothing will be done with the property until the child becomes an adult, and it's a friendly conveyance (not one carried out to defraud or to purposely encumber the title), then there is no prohibition against it in Massachusetts. However, if the conveyance is done to avoid creditors the court can void the conveyance and the creditors can seize the property.There is one more factor to consider. Once the child becomes eighteen, remember- they are the legal owner and the relationship may not be so friendly. They may refuse to convey the property back unless they receive compensation. Also, the property will become vulnerable to their creditors.If the child is an adult:An attorney can draft a proper deed for your jurisdiction and explain the legal consequences of the transfer and tax consequences, if any.