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No, in order to get an insurance policy on property you need to have an insurable interest. Meaning you need to own the property or have some other interest in the property.
One year is the time limit someone can claim property left behind on someone else's property in the state of California. After the one year time period is up, the item is up for grabs.
No. Your only interest in the property is as a tenant. Your rights to occupy the property would die with you.
That means they own an interest in real property and they will execute a deed that transfers their interest to a new owner. The proper way to express that transaction is they will "convey" their interest by deed.
It could cause the property value to be assessed again.
You cannot remove someone's name from a deed with a letter of any sort. That person needs to sign a deed that transfers their interest in the property to a new owner.You cannot remove someone's name from a deed with a letter of any sort. That person needs to sign a deed that transfers their interest in the property to a new owner.You cannot remove someone's name from a deed with a letter of any sort. That person needs to sign a deed that transfers their interest in the property to a new owner.You cannot remove someone's name from a deed with a letter of any sort. That person needs to sign a deed that transfers their interest in the property to a new owner.
Generally no. A beneficiary's interest in a trust created by someone else would not be marital property. A grantor's interest in a trust that is revocable should be the same character as if the trust did not exist.
Yes. You can leave your property to a beneficiary. However, the beneficiary must pay off the mortgage or the lender will take possession of the property by foreclosure. When you grant a mortgage you are granting the lender an interest in your property. Your beneficiary would take the property subject to the bank's interest.
You can't get someone's name off a deed. He needs to execute a deed voluntarily that transfers his interest in the property to you. You will likely need to buy him out.You can't get someone's name off a deed. He needs to execute a deed voluntarily that transfers his interest in the property to you. You will likely need to buy him out.You can't get someone's name off a deed. He needs to execute a deed voluntarily that transfers his interest in the property to you. You will likely need to buy him out.You can't get someone's name off a deed. He needs to execute a deed voluntarily that transfers his interest in the property to you. You will likely need to buy him out.
Insurance for Someone Else's HomeYes, You can Insure the property of another person. So Long as you have authorization to do so and the owner is benefited, or an other insurable interest in that property exists. You can not insure the property of another when no insurable interest exists. It would be unlawful to insure the property or life of another where the intent is to gain unduly from anothers loss.
Secured creditors to the extent of their security on specific property (e.g., mortgage interest on real property)
Yes, if by signing the quitclaim deed they transferred all their interest in the property to a new owner.Yes, if by signing the quitclaim deed they transferred all their interest in the property to a new owner.Yes, if by signing the quitclaim deed they transferred all their interest in the property to a new owner.Yes, if by signing the quitclaim deed they transferred all their interest in the property to a new owner.