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Yes. The creation of an estate and liquidation of assets and debts is the only way to close it out.

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13y ago

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Can a property owner come back 6 years after management is stopped and demand unjustified payment from property manager?

As you state that it is unjustified then he can make any demand he wishes but it will do no good.


Can you convey partial ownership to a mortgaged property?

The property is subject to the mortgage. In order to sell a portion free and clear of the mortgage you would need to obtain a partial release from the bank. The partial release must describe the portion you want to sell and must be recorded in the land records.


What is the duration of Payment on Demand?

The duration of Payment on Demand is 1.5 hours.


When was Payment on Demand created?

Payment on Demand was created on 1951-02-15.


Is there a penalty to pay if you sale your home after a loan modification?

If you transfer the ownership of the property the lender has the right to demand immediate payment in full of the mortgage and it will. That is one of the provisions included in the mortgage contract that you signed. It is called a due on transfer clause. A sale of the property will constitute a breach of the agreement.If you transfer the ownership of the property the lender has the right to demand immediate payment in full of the mortgage and it will. That is one of the provisions included in the mortgage contract that you signed. It is called a due on transfer clause. A sale of the property will constitute a breach of the agreement.If you transfer the ownership of the property the lender has the right to demand immediate payment in full of the mortgage and it will. That is one of the provisions included in the mortgage contract that you signed. It is called a due on transfer clause. A sale of the property will constitute a breach of the agreement.If you transfer the ownership of the property the lender has the right to demand immediate payment in full of the mortgage and it will. That is one of the provisions included in the mortgage contract that you signed. It is called a due on transfer clause. A sale of the property will constitute a breach of the agreement.


How do you put a deed into a living trust when the mortgage hasn't been paid in full?

You need to consult with your attorney or your lender. Transferring property that is subject to a mortgage may trigger the due on transfer clause. Most mortgages carry boilerplate language that provides if the property is transferred the lender can demand full payment of the mortgage.You need to consult with your attorney or your lender. Transferring property that is subject to a mortgage may trigger the due on transfer clause. Most mortgages carry boilerplate language that provides if the property is transferred the lender can demand full payment of the mortgage.You need to consult with your attorney or your lender. Transferring property that is subject to a mortgage may trigger the due on transfer clause. Most mortgages carry boilerplate language that provides if the property is transferred the lender can demand full payment of the mortgage.You need to consult with your attorney or your lender. Transferring property that is subject to a mortgage may trigger the due on transfer clause. Most mortgages carry boilerplate language that provides if the property is transferred the lender can demand full payment of the mortgage.


Can you provide me with some legal demand letter examples?

Legal demand letters are formal letters sent to demand action or payment from another party. Here are some common examples of legal demand letters: Demand for payment of a debt Demand for return of property Demand to cease and desist from certain actions Demand for performance of a contract Demand for compensation for damages These letters typically outline the issue, the desired resolution, and a deadline for compliance. It is important to seek legal advice when drafting or responding to a legal demand letter.


How much does it cost to rent a 1500 sqftstore in monthly payment?

The cost to rent a 1500 squarefoot store in terms of monthly payment will depend on location and demand. The location of the building is a major factor because property prices are driven by demand in the area. A person's credit may also effect how much a monthly payment would be required.


What are the ratings and certificates for I Demand Payment - 1938?

I Demand Payment - 1938 is rated/received certificates of: USA:Approved


Do you own the property that your name is on the deed but not the loan?

If your name was added by deed after the mortgage was executed then your interest in the property is subject to the mortgage. Also, changing the names on a deed for property that is subject to a mortgage may trigger the due on transfer clause. Most mortgages carry boilerplate language that provides if the property is transferred the lender can demand full payment of the mortgage.If your name was added by deed after the mortgage was executed then your interest in the property is subject to the mortgage. Also, changing the names on a deed for property that is subject to a mortgage may trigger the due on transfer clause. Most mortgages carry boilerplate language that provides if the property is transferred the lender can demand full payment of the mortgage.If your name was added by deed after the mortgage was executed then your interest in the property is subject to the mortgage. Also, changing the names on a deed for property that is subject to a mortgage may trigger the due on transfer clause. Most mortgages carry boilerplate language that provides if the property is transferred the lender can demand full payment of the mortgage.If your name was added by deed after the mortgage was executed then your interest in the property is subject to the mortgage. Also, changing the names on a deed for property that is subject to a mortgage may trigger the due on transfer clause. Most mortgages carry boilerplate language that provides if the property is transferred the lender can demand full payment of the mortgage.


What are the release dates for I Demand Payment - 1938?

I Demand Payment - 1938 was released on: USA: 13 December 1938


Does the bank need to know about a quit claim deed?

Yes. If the bank has a mortgage on the property there is a due on tranfer clause in the mortgage that the property owner signed That means the bank must be notified of any transfer of ownership and it can demand payment in full of the mortgage if any transfer is made. A quitclaim deed would be a transfer of ownership.