The phrasing "and/or" is not used on a deed. That term is used on joint bank accounts.
If two people want to own real property jointly the deed must name both as grantees "as joint tenants with the right of survivorship".
A Deed in Lieu Foreclosure can impact Social Security benefits if the forgiven debt is reported as income, potentially increasing the recipient's income and affecting benefit eligibility. It is important to consult with a tax professional to understand the implications on Social Security benefits.
You should consult with an attorney about having a new deed drafted. You can explain your needs and the attorney can explain the options and consequences and then draft a deed that is proper for your jurisdiction.You should consult with an attorney about having a new deed drafted. You can explain your needs and the attorney can explain the options and consequences and then draft a deed that is proper for your jurisdiction.You should consult with an attorney about having a new deed drafted. You can explain your needs and the attorney can explain the options and consequences and then draft a deed that is proper for your jurisdiction.You should consult with an attorney about having a new deed drafted. You can explain your needs and the attorney can explain the options and consequences and then draft a deed that is proper for your jurisdiction.
The order in which owners are listed on a deed does not affect the rights or responsibilities of the owners.
No. Deeds affect ownership of the property. A new deed isn't necessary for a loan modification.
Deed in lieu of foreclosure is not nearly as devastating to your credit as is a full foreclosure. Below is an article about the pros and cons of deed in lieu.
You should consult with an attorney about having a new deed drafted. You can explain your needs and the attorney can explain the options and consequences and then draft a deed that is proper for your jurisdiction.
By having a title examination performed by a professional to insure there are no outstanding encumbrances and that the owner owns 100% interest in the property. Then get a Warranty Deed from the owner.
As long as a deed is technically valid and not executed by a person under some sort of legal incapacity, the deed takes affect and cannot be "called back". The grantee on that deed is the owner of the land. The grantor on that deed no longer owns the land and so has no power to do anything regarding the land that was conveyed.
I think you mean CFC's. These are having an adverse affect.
Getting a devorce and house is facing forclosure but my name is not on deed. Am I liable.
There is no reason that working would affect the ability to have someone's name on the deed. The mortgage company or bank may want restrictions, but in most cases, the wife's name has to be on the deed, or the state laws will 'assume' that it is on the deed anyway. The wife typically has rights 'dower rights' to the property whether her name is on the deed or not.
By having an attorney draft a new deed and then recording it in the land records.