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In a real estate deal involving a straw man what is the recourse if the straw man refuses to deliver a deed?
You have highlighted a good reason why a straw transaction should be handled by an attorney. If the straw refused to execute a deed you would need to sue him/her in a court of equity and obtain a court decree declaring that you are the rightful owner. It would be time consuming and costly.
What else can I help you with?
If mislead into signing off brothers estate is there recourse?
no
Theft of a bull during estate asset inventory what recourse is there?
Report it to law enforcement.
Who offers non recourse real estate funding?
check out North American Savings Bank (NASB) at www.iralending.com
What is the name of the real estate scandal involving the Clinton's in Arkansas?
Whitewater
What options are available to recover life estate property when the taxes have been defaulted on and the property is subject to sale in Wisconsin?
The only recourse is to pay the taxes or the state will take the estate and the son will get nothing.
Do the proceeds of an estate sale involving another persons personal property have to be documented?
I
What is the purpose and significance of a non-recourse clause in real estate transactions?
A non-recourse clause in real estate transactions limits the lender's ability to pursue the borrower for additional payment if the property's value decreases. This clause is significant because it helps protect the borrower from personal liability in case of default, providing a level of financial security.
What is real estate fraud?
Real estate fraud refers to any illegal activity with the purpose of misrepresenting information on real estate-related documents involving the transfer of money.
What recourse do the heirs have when the Propriety has sold the money is in the bank but the executor refuses to distribute the money to the heirs?
If the period during which creditors can make a claim has passed, generally, the heirs can submit a motion to the court to compel the appointed executor to make distribution. The executor has a legal obligation to perform all their duties in a timely manner. If the executor isn't doing that then complain to the court or to the attorney who is handling the estate.
Can an estate collect debt?
Yes, in fact it is the obligation of the estate to collect all valid debts owed to the decedent. Debts owed to a decedent are considered assets of the estate. The estate's representative has authority to demand that all debts owed to a decedent be paid to the estate. If the debtor refuses to pay, the estate representative has legal power to sue to collect those debts if it has to do so.
What do you do if a bank refuses a short sale offer?
If a bank refuses a short sale offer, you can only make a new offer to the bank. Your real estate agent will be able to give more details about the short sale process.
What happens if a surviving step-mother refuses to give assets to the children of the deceased as decreed in the deceased's will?
She is interfering with the distribution of the estate. She can be sued.
