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If a homeowner dies and leaves no will and only one of the four children maintain the mortgage and the maintenance how does that person take ownership or is it up to a judge or probate court?
Ryanandnik
When a person dies intestate the distribution of assets and the payment of debts come under the jurisdiction of the state probate court. Probate laws differ in what property of the estate is exempt from seizure to pay debts. The best option would be for the involved parties to consult an attorney who is knowledgeable in the probate laws of the state where the deceased resided.
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What are the duties of plant maintenance department?
1. to check the reports of maintenance at period of time. 2.maintain an equipment cleanly before the breakdowns.
What does foreclosure of a house mean?
Foreclosure on a house means that the previous owners did not have enough money to pay for their mortgage and therefore could not afford to maintain it properly, so the bank takes ownership of it.
What is building maintenance?
Building maintenance includes services that maintain the upkeep and look of commercial buildings. Some of these services include: landscaping, parking lot sweeping, pest control and more. Check the resources link for more information about building maintenance. Building maintenance is the continuous upkeep of a building (residential or commercial) to ensure that it is always in a good state of repairs and can be effectively used for the purpose intended. Such upkeep includes, but is not limited to, cleaning, repainting, termite treatment, and repairs to damaged or rotting areas of the building. It also ensures that all plumbing and electrical fittings are in proper working order. Building maintenance can be done by the owner himself or by a paid service person under a signed maintenance contract.
What are two common benefits of debt refinancing?
There are a few different benefits of debt financing. One of the most important benefits from borrowing from a bank is the ability to maintain ownership. The second benefit is the ability to write off the interest payments on your taxes.
Why do landlords become slumlords?
Landlords own and rent out properties to other people. The responsibility of the landlord is to maintain the property and ensure local building codes are maintained for the safety and welfare of the renters. The cost of maintenance related to rental properties can vary depending on many factors. It is very possible the landlord is unable or unwilling to spend the money necessary to properly maintain the property. In this case the continued deterioration of the property allows it to become a "slum". When the income produced by the rental property is insufficient to support the maintenance of the property this commonly results in the condition above.
Will insurance company pay to have house painted?
No, That is part of the normal maintenance and care expected of the homeowner. Failure to maintain your home in the condition expected demonstrates a moral hazard of negligence on the part of a homeowner and can result in cancellation or non-renewal of your home insurance policy.
What is the abstract noun for maintain?
The abstract noun forms of the verb to maintain are maintenance and the gerund, maintaining.
What are some home ownership challenges?
High interest rates, large down payments, upkeep/maintenance, risk (such as the housing market crash), and son on. So long as you maintain a steady income, home ownership is usually the way to go over paying rent.
Can insurance company not renew policy because of the siding on home they insured you for 14 years same siding?
Homeowners Diminished Moral HazardYes, If your home has deteriorated due to lack of maintenance or upkeep your Insurer may cancel or not renew your Home Insurance Policy due to what they consider a diminished moral on the part of the homeowner. In layman's terms a "Moral hazard" would translate into a lack of enthusiasm in your home ownership or a diminished will to maintain your home and property.Remember that your Homeowners Insurance Policy is hazard or perils coverage. It is not a home warranty or a maintenance program.
What is the correct spelling of maintenance?
"Maintenance" is the noun form of the verb "to maintain" : to keep in a preferred or ordered state.
Should a condo HOA paint and maintain exclusive use areas?
If the association owns the exclusive use areas, then the association is responsible for the maintenance and upkeep of those assets. Read your governing documents to determine the areas' ownership.
What is a sentence for maintainence?
There is a specific lack of the children's nurses required to maintain standards in acute children's services.
What measures can a homeowner take to maintain a safe water quality on his or her property?
ask your local government
What is ther purpose of maintenance?
to maintain everly things
What the difference between rooms maintenance and maintenance of public area?
http://wiki.answers.com/FAQ/7358between maintenance is for Maintain the cleanliness and the maintenance of a public is comfort room
What is the difference between room maintenance and maintenance of public areas?
http://wiki.answers.com/FAQ/7358between maintenance is for Maintain the cleanliness and the maintenance of a public is comfort room
What is the difference between rooms maintenance and maintenance of public areas?
http://wiki.answers.com/FAQ/7358between maintenance is for Maintain the cleanliness and the maintenance of a public is comfort room
