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What happens if someone dies with no will and the family never changes the name on the deed to the property?
Wiki User
∙ 12y ago
The property will remain in the estate of the decedent and no one will have legal title. In order for legal title to pass to the heirs the estate must be probated. No one can sell, refinance, insure or otherwise deal with the property until the estate is probated. The longer such a situation exists the more difficult and costly it will be to clear the title.Many such properties end up falling into disrepair and taken by the town for non-payment of property taxes.
The property will remain in the estate of the decedent and no one will have legal title. In order for legal title to pass to the heirs the estate must be probated. No one can sell, refinance, insure or otherwise deal with the property until the estate is probated. The longer such a situation exists the more difficult and costly it will be to clear the title.Many such properties end up falling into disrepair and taken by the town for non-payment of property taxes.
The property will remain in the estate of the decedent and no one will have legal title. In order for legal title to pass to the heirs the estate must be probated. No one can sell, refinance, insure or otherwise deal with the property until the estate is probated. The longer such a situation exists the more difficult and costly it will be to clear the title.Many such properties end up falling into disrepair and taken by the town for non-payment of property taxes.
The property will remain in the estate of the decedent and no one will have legal title. In order for legal title to pass to the heirs the estate must be probated. No one can sell, refinance, insure or otherwise deal with the property until the estate is probated. The longer such a situation exists the more difficult and costly it will be to clear the title.Many such properties end up falling into disrepair and taken by the town for non-payment of property taxes.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoThe property will remain in the estate of the decedent and no one will have legal title. In order for legal title to pass to the heirs the estate must be probated. No one can sell, refinance, insure or otherwise deal with the property until the estate is probated. The longer such a situation exists the more difficult and costly it will be to clear the title.Many such properties end up falling into disrepair and taken by the town for non-payment of property taxes.
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Is it illegal to quick claim deed to someone other than family?
To start with, it is a "quit" claim deed. And basically you are relinquishing your share of the property to someone else. This usually happens when there are two names on the deed and one wants out of ownership. They usually quit claim deed their share to the other person on the deed. Family has nothing to do with it. The only thing that MIGHT affect this transfer is if it was agreed upon prior to taking ownership of the property that it can only be transferred to someone within the family. Rare, but who knows, this stipulation might exist. In most states one tenant by the entirety cannot transfer their interest in the property.
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Why do you have family?
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Because if someone breaks your heart or hurts your feelings or something bad happens they will be their to catch you when you fall.
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