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What happens if the tenant pays property taxes can the tenant claim ownership?
Wiki User
∙ 13y ago
No, the owner is identified by recorded warranty deed. There are all type of rental agreements, if you agreed to pay the property taxes, it's just a part of your rent. Net leases, net/net, or triple net are good leases to get if you are the property owner. Now, if the taxes are unpaid and on April 15, you go pay them through a tax certificate sale, after two years, you are eligible to take it 'to the courthouse steps' where you can bid against others for rights to the property. Oftentimes though, all you get is your money back with the 5%+ interest. In order to get the certificate, you have to bid what interest you want on your money, in my county, the minimum is 5%. So, if you really want the property and don't mind waiting, you can bid 0% because you are guaranteed 5%. It varies from county to county and state to state, but you can check it out with your county tax collector. Although if you are a tenant and just pay the property taxes, this does not constitute ownership.
Wiki User
∙ 13y ago
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Can you claim plumbing repair expenses on your taxes on a rental property?
Yes. You claim income that you receive in addition to expenses like repairs, insurance, property taxes, depreciation, etc. This is the case with me assuming that you are the owner of property that you rent to others and not rental property where you are the tenant.
What is a claim on the property or income of a borrower called?
financial asset
If your mother lives on your property and pays your taxes on agreement can they claim homesteading and possess the property?
No because you own the property and you would be the that one that should be paying the property taxes.
Is the creditor's financial claim minus the owner's financial claim to item of property always equals the total cost of the equity?
Yes
Can you be reimbursed for property taxes from estate?
If the property is in the estate, the estate is responsible for them. You are entitled to be reimbursed if you have paid them for the estate. Submit your claim to the executor.
If a joint tenant moves out of the property and out of the state and refuses to pay the mortgage can the other joint tenant claim abandonment and gain total ownership of the property in Delaware?
i would like too know the answer to this question too except im in California do the laws change
Can landlord use home insurance claim if tenants wreck property?
If the tenant damages the property he is liable for such damages. The Landlord may or may not have his own insurance for this purpose but the tenant is liable. If the Tenant has his own insurance (Renter's Insurance) then the Tenant may file a claim and damages will be covered by that insurance.
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.
Can you claim condo fees you have not paid?
Probably not. Just as you can't claim ownership of property to which you have no title.
How do you give soul ownership of property to spouse?
Quit claim deed.
Can i claim to own my property from my landlord?
Unless you have purchased the property from your landlord as opposed to continuing to rent it, you have no right to claim to own the property. To prove ownership of the property, you would require the deed.
How do you end a life estate after tenant goes to nursing home?
You can have the tenant quit claim their rights to the property. Or sell the life estate to the remainderman.
What is an artist's claim to authorship?
In part, it is a claim to the ownership of property, and to the benefits, income and prestige resulting from this ownership. Artistic works are intellectual property, subject to an extensive property law just as is real property of any kind, like wealth, minerals, gems, real estate, etc.
Is a quit claim the same as taking yourself off title of property?
Yes. You effectively "quit" your claim of ownership.
Can a landlord claim trespass against a past tenant if other family members stilll live on property?
Generally, no, unless the landlord has some type of court order or written agreement that bars the former tenant from entering the property. The current tenant has the right to have visitors unless special conditions were mentioned in the written lease agreement.
Can you quit claim property to a friend and does that property become theirs?
Yes. That is the purpose of a quitclaim deed, to transfer the ownership of real estate.
If a person tenant claims adverse possession against his landlord who is also claiming adverse possession does the tenant have to continue to pay rent in Nevada while tenant resides on property?
First- you cannot claim adverse possession against someone who doesn't own the property. You don't have an adverse possession against your landlord who doesn't own the property but has an adverse possession claim against the owner of the land. According to the minimal facts you provided you don't have any standing to make such a claim. You are using the property with the landlord's permission. One of the elements required to make a claim of adverse possession is that you use the property openly and notoriously (without permission).
