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I there are other grantees on the deed with you then yes, you are a co-owner.
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∙ 13y ago
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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.
How do you remove the name from house deed which has no mortgage?
You can't remove your name from a deed. After the foreclosure sale a foreclosure deed will be recorded from the lender to the new owner. Your deed will remain on record as part of the record history of the property.
Can you sell a house without the deed?
If you owe money on a home you should hold title. A deed is the document that is publicly recorded. It signifies that you have an ownership interest in the real property described in the deed. It is not required that you have a deed, but it is not technically your house if you do not have a deed since you are not on title. It is not good to have a mortgage on a home that you don't own. Typically this can only occur if you sign a Quit Claim Deed that takes you off title. When you purchase a house it is the most critical part of the transaction since it is the document that actually transfers ownership.
If a person is found in breach of contract can their name be removed from deed?
You would need to make that request part of the lawsuit for breach of contract. Removal of a name from a deed would need a deed signed by that person or a court order.
Does the grantee have to sign the quitclaim deed?
Generally, the grantor signs the deed unless it contains an agreement that the grantee must agree to to make the agreement binding on the grantee.Generally, the grantor signs the deed unless it contains an agreement that the grantee must agree to to make the agreement binding on the grantee.Generally, the grantor signs the deed unless it contains an agreement that the grantee must agree to to make the agreement binding on the grantee.Generally, the grantor signs the deed unless it contains an agreement that the grantee must agree to to make the agreement binding on the grantee.
How do you get property in your name after someone dies?
The decedent's estate must be probated in order for legal title to vest in the heir(s). Probate is part of the public records that affect real estate. You are not required to arrange for a deed in your name since the probate records will show that you are the owner by inheritance. However, if you want the property recorded in your name you should consult with the attorney who handled the estate. She/he can draft a deed properly for your jurisdiction and the deed should be recorded in the land records immediately.
Why do a quick claim deed if you already inherited the proprty after the owner dies?
You are not required to record a deed. If the estate was properly probated the probate process passed legal title to you and probate records are part of the public record of real property ownership. Some bankers who do not understand title theory will insist you record a deed before approving a new mortgage. Some people who inherit property want a deed in their own name. However, if a bank is not involved whether ot not to have a deed drafted and recorded is up to you. You do not need a deed. If a deed is required it should be drafted by an attorney.
What is a security deed?
A security deed is used as part of a mortgage type transaction. It is a conditional conveyance of the property to the lender while the debt is outstanding. Legal title is transferred to the lender although the original owner has the right to the possession use and enjoyment of the property as long as the conditions of the loan are met. When the debt is paid the lender executes a reconveyance deed of the property back to the owner.
Your uncle died 11 years ago you are trying to get a deed transffered into your name how will you go about this?
Your uncle's estate must be probated in order for title to his property to pass to his heirs legally. Once his heirs have been established by the probate court his property will pass under the terms of his will or if there was no will, according to the state laws of intestacy. The probate procedure will determine who is the new owner of the property. The new owners must convey the property to you by deed.If you were the sole beneficiary of his estate then you are the legal owner of the property once the estate has been probated. The probate proceeding is a part of the public record and your ownership has been established there. You don't need to have a deed in your name but you can have one drafted by an attorney if you wish.Generally, the attorney will draft a deed from you, as the owner by inheritance, to a member of her staff as the grantee. That deed will recite how you acquired title by inheritance and is called a straw deed. The staff person will then sign another deed that conveys title to you. Both deeds must be recorded in the land records in the correct order and you will be the new owner of record.The transfer should be handled by an attorney.
My Father put me on a survivorship deed before he passed. The Will says to sell the house and divide the proceeds among his Children. How do I ensure I don't have to pay all the taxes?
If your father executed a survivorship deed prior to death, and it was properly recorded in the land records, the property does not become a part of his estate. As the survivor on the deed, his interest passed automatically to you. You are the new owner and you are responsible for the property taxes.You should discuss the situation with the attorney who is handling the estate.If your father executed a survivorship deed prior to death, and it was properly recorded in the land records, the property does not become a part of his estate. As the survivor on the deed, his interest passed automatically to you. You are the new owner and you are responsible for the property taxes.You should discuss the situation with the attorney who is handling the estate.If your father executed a survivorship deed prior to death, and it was properly recorded in the land records, the property does not become a part of his estate. As the survivor on the deed, his interest passed automatically to you. You are the new owner and you are responsible for the property taxes.You should discuss the situation with the attorney who is handling the estate.If your father executed a survivorship deed prior to death, and it was properly recorded in the land records, the property does not become a part of his estate. As the survivor on the deed, his interest passed automatically to you. You are the new owner and you are responsible for the property taxes.You should discuss the situation with the attorney who is handling the estate.
What does Party of the First Part will forever warrant the title mean?
Those are the words that signify a warranty deed. The party of the first part is the grantor, or the owner. By those words the grantor is giving the grantee a guaranty that the title is free from defects and any liens not mentioned in the deed and the grantor has the right to sell the property.
Who are the remainder man in a life estate when none are specified in the deed?
You have asked an interesting question. If a person (A) was granted a life estate by deed and there was no remainder interests mentioned in that deed then the fee remains with the owner (B) who granted the life estate. When B dies the property will become part of their estate and will remain subject to the life estate.
