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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.

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13y ago

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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.


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.


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.


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 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.


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...


What is the difference between the prize being divided equally and the prize being awarded jointly?

Awarded equally has no division such as something like a car-where both have equal ownership 100%


When does property become joint marital property in Massachusetts?

Generally, for purposes of divorce most property acquired during a marriage becomes marital property in Massachusetts and if the divorcing couple cannot agree on a fair distribution the court will divide it equally. Inherited property is excepted. Real estate that is in both names is considered marital property. If divorce is not part of the picture then joint ownership with the right of survivorship must be recited in the deed. You need to consult with an attorney if you need to make a definite determination


Does wife's co signing a mortbage make her a joint owner?

No. A person who co-signs a mortgage when they are not on the deed has simply volunteered to pay the mortgage if the primary borrower stops paying. The co-signer of a loan or mortgage is equally responsible for paying the debt. Co-signing bestows no ownership interest in the property.No. A person who co-signs a mortgage when they are not on the deed has simply volunteered to pay the mortgage if the primary borrower stops paying. The co-signer of a loan or mortgage is equally responsible for paying the debt. Co-signing bestows no ownership interest in the property.No. A person who co-signs a mortgage when they are not on the deed has simply volunteered to pay the mortgage if the primary borrower stops paying. The co-signer of a loan or mortgage is equally responsible for paying the debt. Co-signing bestows no ownership interest in the property.No. A person who co-signs a mortgage when they are not on the deed has simply volunteered to pay the mortgage if the primary borrower stops paying. The co-signer of a loan or mortgage is equally responsible for paying the debt. Co-signing bestows no ownership interest in the property.