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How do you show ownership of property when someone else lives on the property?
Wiki User
∙ 13y ago
Ownership of real property is evidenced by a deed or a probated estate.
Wiki User
∙ 13y ago
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Do quit claim deeds expire when the grantor dies?
No. The grantor on a quitclaim deed transfers ownership to the grantee by virtue of the deed. The grantee is the new owner until they transfer the property to someone else by executing a new deed.No. The grantor on a quitclaim deed transfers ownership to the grantee by virtue of the deed. The grantee is the new owner until they transfer the property to someone else by executing a new deed.No. The grantor on a quitclaim deed transfers ownership to the grantee by virtue of the deed. The grantee is the new owner until they transfer the property to someone else by executing a new deed.No. The grantor on a quitclaim deed transfers ownership to the grantee by virtue of the deed. The grantee is the new owner until they transfer the property to someone else by executing a new deed.
What is a warranty deed of gift with lifetime estate?
That means the owner has transferred the ownership of the property to someone else but reserved the right to use and possess it for the duration of their natural life.
Can a person transfer ownership of a car to someone else when the car has not been paid in full?
If the car has not been paid for then you can not transfer the ownership to someone else without paying the vehicle off.
How do you get back a property purchased on someone's name?
Ownership of real property is transferred by a deed. The grantee on that deed is the new owner. If you want to own that same land you need to ask the owner to transfer it to you by a new deed listing you as the grantee. Property should never be purchased in someone else's name.
What do you do with a stock certificate?
Stock certificates nowadays are mainly used to demonstrate ownership and transfer of ownership to someone else.
What does take title as to the Remainder in fee mean?
That type of legal language indicates that someone has been granted a life estate in the property and at their death the absolute ownership or the fee will pass to someone else free and clear of the life estate.
Does adding someone to Quit Claim Deed mean that the original owner is permanently forfeiting total ownership of the property?
A quit claim deed gives whoever is on it the same rights to the property as the original holder had. If you create a quit claim deed for property you hold title to and put your own name on it along with someone else, you are essentially splitting the property in half.
What part of a car does the car title cover?
The title covers ownership of the car. If your name is on the title, then normally you would be considered the owner. If a banks name is on the title, then the bank owns the car. Ownership means the car and all the stuff attached to it. It does not mean you own someone else's property just because they left their property in your car.
If you give your property to someone else do you lose ownership rights?
Yes. In law, to give is to transfer property to another voluntarily and without compensation. In the case of real property you would need to sign a deed to make the transfer. In the case of property such as a motor vehicle, you would need to sign over the Certificate of Title.
On real property can an heir of a person named in a Joint Tenancy with Rights of Survivorship with someone else make a valid claim for ownership of the property?
NO. When two people own property as joint tenants with the right of survivorship and one dies the other AUTOMATICALLY owns the property. You cannot make a claim as an heir at law of the decedent.
How old do you have to be to own land in ct?
There is no age limit on ownership of real property in the United States. It is very common for children to acquire property through inheritance, gifting, through investment vehicles, etc. If you are a minor though you will likely need someone else to manage the property for you until your of legal age.
How long does a person have to possess an item that originally was someone Else's to take ownership?
The answer depends on the details. If you steal something or keep it from its rightful owner it never becomes your property. On the other hand there are various laws regarding abandoned property. You need to check the laws in your jurisdiction.
