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You can convey an interest in land by a quitclaim deed. For example, you can convey a twenty five percent interest each to your two sisters in the same deed. For any type of conveyance you should consult with an attorney who specializes in real estate law. She/he could review your needs and draft the deed properly according to your state laws and according to the tenancy you wish to create among the owners.
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Can a warranty deed be reserve by quit claim deed after a death?
No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.
Use convey in a sentence?
You need a big truck to convey heavy loads. Here it means to transport. You must convey to the audience the importance of clean water. Here it means to communicate. You must communicate to the importance... I will convey the ownership of the business to you. Means to transfer ownership. In all examples it is a verb.
How could you use convey in a sentence?
There is a special tram to convey people from the plaza to the ruins on the hill.
I am buying 3 acres of my parent's land and they still owe on their mortgage Does their bank give me a warranty deed?
Your parents must convey the land to you by their deed. The bank must release that portion so you will own it free and clear of the mortgage. Your parents should request that the bank issue a partial release for the 3 acre parcel they intend to convey to you. That release should be recorded in the land records prior to your deed.
What is the procedure required for changing ownership of a jointly held flat?
One joint owner must convey their interest to the other.One joint owner must convey their interest to the other.One joint owner must convey their interest to the other.One joint owner must convey their interest to the other.
Is it Wednesday special or Wednesday's special?
Either form would be proper depending upon what you wish to convey.
Can you be removed from a warranty deed after it is filed?
No. You cannot be removed from a deed by another individual. However, if there was a legal issue concerning your ownership of the property you could be sued and if the other party prevailed a court could order that you convey your interest. The court could also issue a judgment removing you from the title if the other party prevailed.
What deed does not convey after-acquired title?
Generally, a quitclaim deed does not convey after-acquired title. It conveys only the interest owned by the grantor at the time of the deed. In Massachusetts a warranty deed conveys after-acquired title.
Can a joint ownership deed be transferred to single ownership without a signature of one owner?
The owner who signs a deed must be the one who is transferring their interest to the other.
What is the difference between a statutory warranty deed and special warranty deed?
Special warranty deeds are becoming more common. A general warranty deed is a promise to the buyer that the seller will warranty any prior problems with title, not just during the seller's ownership, but back along the chain of ownership.A special warranty deed, on the other hand, limits the seller's promise -- or warranty -- to title problems that come up while the seller owned the property, but gives no warranty for propblems prior to that point. For example, builders often give special warranty deeds. They only owned the property long enough to build the homes. They aren't sticking their necks out to warranty buyers against something that happened to cloud title when the subdivision was still a pig farm. Foreclosure property is another example where you often see special warranty deeds. The bank, like the builder, has no close relationship to the property and won't bend over backwards to promise anything about the condition of title before they acquired the property through foreclosure.These days, title insurance is the buyer's best friend. Title insurance insures the buyer against past ownership problems, old liens, boundary issues, and so on. There may be exceptions in the title insurance policy, and owners should know what their exceptions are. For example, without a survey, a title company won't insure against problems that a survey would have made known -- encroachmets, for example. That's an exception and they won't pay for problems that would have shown up with a survey. But unless there's a specific exception, any other past title problems are covered. When you're buying, talk to your attorney and make sure they take the time to explain what title insurance is and how it works. That attorney is your employee, after all, and you're paying them good money NOT to make decisions for you, but to help you understand. Always make them explain everything. Remember, other names for "attorney" are "counselor" and "advocate." And an attorney who doesn't manage to untangle the legaleeze and teach you about the biggest purchase you'll ever make in your life is lazy and probably a bad attorney.
Which sociologist call a tendency for people to interpret labels in a partial way while the same labels lead them to be blind to the messages they are actually convey?
Selective Perception
Can a partial owner deed their share to another partial owner in exchange for a life estate?
Yes. However, you should make certain that during the exchange you acquire a life estate in the whole property and not just in the half interest you will convey to the other co-owner.
