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How should an owner transfer ownership of a piece of property that is not owned equally with another person?
Whatever the interest is the owner can transfer it to a new owner by quitclaim deed.
Whatever the interest is the owner can transfer it to a new owner by quitclaim deed.
Whatever the interest is the owner can transfer it to a new owner by quitclaim deed.
Whatever the interest is the owner can transfer it to a new owner by quitclaim deed.
What else can I help you with?
Wyoming property ownership for husband and wife?
In Wyoming, property ownership for a husband and wife can be held in several ways, including as joint tenants with right of survivorship, community property, or tenants in common. Joint tenancy allows for automatic transfer of ownership to the surviving spouse upon death. Community property recognizes that any property acquired during the marriage belongs equally to both spouses. It is advisable for couples to consult with a legal expert to determine the best ownership structure for their situation.
What are the rights of a person who shares ownership of property?
Co-owners of undivided interests in one property each have the right to the use, possession and the profits from the property. Each is equally responsible for paying all the bills.
Is the co signer the same as the co buyer?
No. The co-buyer has an ownership interest in the property. The co-signer does not and only guarantees the loan will be paid. The co-signer is equally responsible for paying off the loan if the primary borrower fails to pay.No. The co-buyer has an ownership interest in the property. The co-signer does not and only guarantees the loan will be paid. The co-signer is equally responsible for paying off the loan if the primary borrower fails to pay.No. The co-buyer has an ownership interest in the property. The co-signer does not and only guarantees the loan will be paid. The co-signer is equally responsible for paying off the loan if the primary borrower fails to pay.No. The co-buyer has an ownership interest in the property. The co-signer does not and only guarantees the loan will be paid. The co-signer is equally responsible for paying off the loan if the primary borrower fails to pay.
What if your parents signed a power of attorney to your brother and willed out property equally to eight children but before your parents died they signed over 8 acres of this property to another brot?
If your parents signed a power of attorney to your brother and willed their property equally to eight children, the transfer of 8 acres to another brother could complicate matters. Generally, the will's provisions regarding the distribution of property would need to be honored, but the legality of the transfer would depend on whether it was done properly and with your parents' consent. If the 8 acres were intended to be part of the estate for equitable distribution, this could lead to disputes among siblings. Consulting with a legal professional would be advisable to clarify the implications and ensure fair handling of the estate.
An economic system where all business is controlled by people who share equally in the profits is called?
Libertarian Socialism is the economic system based on equal collective ownership of property. It includes Social anarchism and libertarian Marxism.
When one person pays the property taxes on undevided heir property does that person eventually get full ownership of the property?
Paying the taxes alone, no. If others are named on the deed, you'll need to work with them, period. All named individuals own the property equally. The court doesn't care who pays the taxes as long as they're being paid. Stop paying the taxes, and all of you risk losing the property.
Is CT a common property state?
Connecticut is not a community property state; it follows the principle of equitable distribution in divorce cases. This means that marital property is divided fairly, but not necessarily equally, based on various factors like the length of the marriage and each spouse's contributions. Each spouse retains ownership of their individually acquired property unless it has been commingled or otherwise transformed into marital property.
If a husband and wife own a house together then the husband buys another house for rental property but the wife is not on the deed is she still part owner in Texas?
Legally spouses share all property equally, what is owned by one is the property of both.
What does community property state mean?
The term community property state means that the community property in a marriage divided equally between the two parties when there is a divorce. This property usually does not include property owned before the marriage.
Brother and sister both on deed is it equal property?
Not necessarily. Being on the deed as a joint tenant with rights of survivorship means they each have an equal share in the property. However, being on the deed as tenants in common means they could have unequal ownership shares. It's important to clarify the type of ownership when both siblings are on the deed.
What if a tree is of equally on the property line whose responsible?
You are responsible for the portion on your property and the other guy is responsible for the portion on their property.
Why will you or will not share your property equally with the woman you are divorcing?
because you must do it...
