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If you marry a person and they own a condo does that make you an owner of that condo even if your name is not on the deed?
Wiki User
∙ 14y ago
A local attorney can best answer this question, since there is no one answer to this question.
The answer depends on the state where you live and what action you plan to take based on your presumption of ownership.
Some states are community property states, so without a prenuptial agreement, it is possible that in a divorce, the condominium unit would be considered community property and you would own half of it.
However, in order to evidence your ownership in this case, either your name would be added to the deed, or the condominium unit would be sold and you would receive half the sale amount minus expenses of sale.
If you plan to borrow money and use your ownership share in this property as collateral, your name must be on the deed.
Insofar as condominium-ownership related, association business is concerned, such as voting, paying assessments and so forth, read your governing documents to learn about your rights and responsibilities. Without your name on the title to the real estate, your rights might be unclear, but your responsibilities as a resident will be clear.
Wiki User
∙ 14y ago
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Where can you get the form to remove a name off deed?
There is no 'form' to 'remove' a name off a deed. Rights in real property are transferred by virtue of a deed. The owner must execute a deed granting their rights in the property to a new owner.
How do you get a person off the deed if they are not on mortgage?
The only way to get an owner "off" a deed is for the person to convey their interest in the property to you by executing a deed voluntarily.
Can a person named in a will still inherit if someone else has a quick claim deed to the property?
You are referring to a "quitclaim" deed. If the deed is valid then the person named in the deed is the rightful owner.
Can a name be added to a deed without the owners consent?
Of course not. In order to "add" a name to a deed the owner must execute a deed that transfers their interest or a partial interest to another person. Only the owner of property can transfer any interest in it.Of course not. In order to "add" a name to a deed the owner must execute a deed that transfers their interest or a partial interest to another person. Only the owner of property can transfer any interest in it.Of course not. In order to "add" a name to a deed the owner must execute a deed that transfers their interest or a partial interest to another person. Only the owner of property can transfer any interest in it.Of course not. In order to "add" a name to a deed the owner must execute a deed that transfers their interest or a partial interest to another person. Only the owner of property can transfer any interest in it.
If I file bankruptcy and I'm on the deed for my son's condo can they take the condo away?
Your interest in the condo will be considered part of your assets.
What happens if a person has a quitclaim deed and the original owners did not give up ownership of the property?
A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.
When adding a name to a deed of a house does that make that person part owner?
Yes. They will become an owner until they convey their interest to someone else by deed.
Who creates a deed restriction?
The owner of the land can create a deed restriction.The owner of the land can create a deed restriction.The owner of the land can create a deed restriction.The owner of the land can create a deed restriction.
Can 1 person sell a home if 2 people are on mortgage but 1 signed over the deed?
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.
How can a disinheritance deed be revoked?
There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.
Your dad transferred the deed to his condo to your name and reserved a life estate he married after the transfer does his wife have any legal interest in the condo?
If your dad conveyed his condo to you by deed and reserved a life estate for himself then he can use and occupy the condo during his natural life. The life estate will be extinguished upon his death or if he relinquishes it to you by a deed of release before then. His wife has no interest in the property.
Who owns the title of the property?
Ownership of real estate is evidenced and accomplished by a deed. The person who transfers the property is called the grantor and the person who receives it is the grantee. In any deed, the grantee is the new owner. The owner of real estate is said to hold title to it.
