my family and I live together however my brother and I are on the mortgage and listed as owners as the dual owners. we have added two family members on the homestead we have all paid on the mortgage and house bills. what rights do the other siblings have to the house?
If you are not on the deed you have no rights in the property. If you are not legally married and the owner dies you have no legal rights in the property.
If you acquire a property by deed then you will be the owner. You will have the right to the use, possession, income and profits from the property. You will have absolute rights in the property. You will also be responsible for the property.
The grantor cannot "cancel" a deed. Once you have covneyed your property by a deed the grantee is the new owner. You no longer have any rights in the property.
The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.
Any deed that conveys property should be recorded in the land records. The recording of the deed establishes the property rights against the world.
A deed provides ownership rights to the property that is described on the deed as long as the land was owned by the grantor.
You would waive your right of homestead if you want to refinance your home. A bank will not loan money on property that is subject to a right of homestead. It could not foreclose if there was a default and a homestead was in effect. The boilerplate language in mortgages contains a clause that the signer is waiving rights of homestead in the property.
That depends on whose names are on the deed and how they hold title. If you are not on the deed and agreed to pay the mortgage you don't acquire any property rights.That depends on whose names are on the deed and how they hold title. If you are not on the deed and agreed to pay the mortgage you don't acquire any property rights.That depends on whose names are on the deed and how they hold title. If you are not on the deed and agreed to pay the mortgage you don't acquire any property rights.That depends on whose names are on the deed and how they hold title. If you are not on the deed and agreed to pay the mortgage you don't acquire any property rights.
Read the deed to the property. Unless mineral rights are excluded, you have them.
As a co-owner of real property by deed you have the right to the use and possession of, and the profits from the property.
You can execute a 'quit claim' deed. It means that the person on the quit claim deed is giving all their rights to the property to the other person. It does not affect the rights of the other people on the deed.
Yes. That is one of the problems with adding someone's name to the deed to your property. Adding another name as owner makes the property vulnerable to that person's creditors. The attorney who drafted the new deed should have explained that consequence to you. Your son needs to pay off that lien in order to remove it from the property. You should also check into homestead exemptions in your jurisdiction.Yes. That is one of the problems with adding someone's name to the deed to your property. Adding another name as owner makes the property vulnerable to that person's creditors. The attorney who drafted the new deed should have explained that consequence to you. Your son needs to pay off that lien in order to remove it from the property. You should also check into homestead exemptions in your jurisdiction.Yes. That is one of the problems with adding someone's name to the deed to your property. Adding another name as owner makes the property vulnerable to that person's creditors. The attorney who drafted the new deed should have explained that consequence to you. Your son needs to pay off that lien in order to remove it from the property. You should also check into homestead exemptions in your jurisdiction.Yes. That is one of the problems with adding someone's name to the deed to your property. Adding another name as owner makes the property vulnerable to that person's creditors. The attorney who drafted the new deed should have explained that consequence to you. Your son needs to pay off that lien in order to remove it from the property. You should also check into homestead exemptions in your jurisdiction.