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What else can I help you with?
What is lease land?
Land that is subject to a lease or land that can be leased
Who owns a tree on leased land?
The land lord
Is registation of school on leased out land pissible by up board?
Is registration of school possible by up board on leased our land to society.
How much land owned and leased in1926 by george Matthews of houma Louisiana?
How much land owned and leased in1926 by georgematthews of houma louisiana?
What is pastoral land?
Pastoral land or leases is land leased from a state government or the Northern Territory government for the purpose of pastoral activity
Is any land in Walt Disney World leased?
Commercial space is leased at Downtown Disney and some of the hotels. There is no residential property available for lease or purchase.
How do you sell land that is inherited?
When a person dies owning real estate, their estate must be probated in order for title to the real estate to pass to the heirs legally. The estate must be probated whether the decedent died with or without a will. The property can be sold by the estate during the probate procedure once the debts of the decedent have been satisfied. If the property is not sold by the estate, it becomes the property of the heirs once the probate procedure has been completed. The heir(s) can convey the property by deed, citing the probate case as their source of title.
What is the meaning of demised property in a lease?
I believe that it is referencing the land being leased.
Does the life estate prohibit the land from going through probate process?
No, the life estate does not prevent it from going through probate. The probate process lays out the deed as to who is the remainder man for the estate.
If you are American Indian and purchase land is it sovereign?
No. Only reservation land is considered as such. Tribal land is held in trust and can only be leased it cannot be sold.
What would a deceased person's estate consist of in Texas?
The legal definition of an "estate" is , "The degree, quality and extent of a person's ownership of real and/or personal property from absolute (confirmed) ownership to "naked" (unconfirmed ownership). That includes, land and anything attached to it (houses, businesses, other structures), vehicles, farm equipment, machinery, tools of the trade, stocks, bonds, bank accounts, and so on and so forth. The probate laws of the state where the person was a resident at time of death determines what property is subject to probate procedure and the extent to which creditors can place a claim for repayment of debt on any non exempt property.
Is a leased land considered as a real property?
Yes, leased land is considered real property, but the rights associated with it can vary. The land itself remains the property of the lessor (landowner), while the lessee (tenant) has the right to use and occupy the land for the duration of the lease agreement. The lease typically outlines the terms of use, duration, and any improvements made to the property, which can also affect its classification. Ultimately, while leased land involves real property, the rights and interests differ between the lessor and lessee.
