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Is excutor of estate responsible for paying the prior homeowner association fee?
Wiki User
∙ 12y ago
Yes. The executor of the estate is responsible for paying any outstanding debts owed by the decedent. Those debts must be paid before any assets can be distributed to the heirs.
Yes. The executor of the estate is responsible for paying any outstanding debts owed by the decedent. Those debts must be paid before any assets can be distributed to the heirs.
Yes. The executor of the estate is responsible for paying any outstanding debts owed by the decedent. Those debts must be paid before any assets can be distributed to the heirs.
Yes. The executor of the estate is responsible for paying any outstanding debts owed by the decedent. Those debts must be paid before any assets can be distributed to the heirs.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoYes. The executor of the estate is responsible for paying any outstanding debts owed by the decedent. Those debts must be paid before any assets can be distributed to the heirs.
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How not to be part of Homeowner association?
You can avoid being in an association by not purchasing a home in one. If you own real estate in an association, you can sell your property.
Can a claim be submitted for repairs if the homeowner is recently deceased and the home is in probate?
The estate is responsible for the maintenance of the property. The administrator or executor of the estate can submit a claim on behalf of the estate.
Are homeowner association dues tax deductible?
Your answer may depend on your use of the real estate asset. Your tax advisor can answer your question specifically.
Who is responsible for the upkeep of condo decks...the homeowner or the association?
You can find the answer you want in your governing documents.Usually decks are called limited common area, and your assessments pay for the maintenance, protection and preservation of all real estate assets owned in common, including limited common areas.
Who is responsible for mortgage on an estate foreclosure?
The estate is responsible for the mortgage.The estate is responsible for the mortgage.The estate is responsible for the mortgage.The estate is responsible for the mortgage.
If no will who becomes excutor?
The court will appoint an executor if there is no will. The family can request a specific person be appointed if there is no problems. Otherwise a bank or an attorney will be appointed. They will be paid by the estate.
Who is responsible for expenses while a home is in probate?
The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.
If there is a balance owed on utility bills after a homeowner dies is the new owner responsible for the debt?
absolutely not, the new owner has nothing to do with it, any monies owed will come out of the estate of the person who died.
Is the executor responsible for paying all taxes on an estate?
The estate is responsible for paying all taxes. The executor is responsible for making sure that the estate does so.
When was National Association of Real Estate Brokers created?
National Association of Real Estate Brokers was created in 1947.
Are kids responsible for mothers bills if she has no estate?
Generally, mother's estate is responsible for her debts. If there is no estate her creditors are out of luck.
Do you need both a power of attorney and excutor of estate paper?
No. To handle an estate you need letters testamentary from the probate court.No. To handle an estate you need letters testamentary from the probate court.No. To handle an estate you need letters testamentary from the probate court.No. To handle an estate you need letters testamentary from the probate court.
