What happens if you do not get your deed until five months after closing would the property still be legal?
A deed transfers ownership as soon as it is recorded in the land records, usually on the date of the closing. Some land record offices take a long time to return the original recorded documents to the new owner but the recording date is the operative factor.
It depends on whether you mean you received the deed (delivery of the deed) from the grantor or seller, or if you received it from the county clerk or recording office 5 mos after the closing. In what are called "race-notice" states, (NY is one, for example), the deed is effective when recorded, so the fact that you received it in the mail five mos later doesn't affect your title to the property. If you didn't receive it from the seller or it didn't get recorded till five mos. after your closing, you didn't own the property until the deed was delivered and recorded. If you do not receive a deed until five months after closing, it does not mean ownership hasn't been changed or recorded properly title insurance ensures your interest as well as the lenders. Check with your local recording division or your title company as their attorney(s) should see to it all documents are handled accordingly.
I purchased a property with fiduciary deed and now you want to sell the property will you have a problem?
Does a person have a legal right to trespass on private property to retrieve personal property from where they were staying for two months?
Does a letter of conveyance of raw acreage to children have to go to closing and does owner who signed it over need to go to closing?
Depending upon your local counties guidelines a deed (letter of conveyance) is typically handled by a real estate attorney. typically you will get charged alot too! if there is going to be a mortgage on this property, than yes it must be handles by a closing attorney. Real estate is transferred by a deed, the grantor is the person who is selling/giving the property away, the grantee is the person receiving the property. A deed…
Also known as a "closing agent" or " settlement agent ". A specialist http://www.answers.com/topic/lawyer who deals with the legal aspect of buying and selling http://www.answers.com/topic/real-property. A conveyancer can also be (but need not be) a http://www.answers.com/topic/solicitor, http://www.answers.com/topic/licensed-conveyancer Conveyancer , or a Fellow of the http://www.answers.com/topic/institute-of-legal-executives. http://www.answers.com/topic/conveyancer-2
A rental property was deeded over to siblings via a life estate deed transfer who is legally liable in the event the property is sued?
What happens if Habitat for Humanity builds a house on property where you are the executor of the estate?
Did they build on the property without the owner's permission? Was the land leased to them? Or are they the legal equivalent of squatters? I suppose if they built without any objection from the property owner and stayed there for the duration necessary to obtain a hostile easement, then you might be screwed.
Yes. You can if you have a contract with the owner of the property. You should seek legal advice. Yes. You can if you have a contract with the owner of the property. You should seek legal advice. Yes. You can if you have a contract with the owner of the property. You should seek legal advice. Yes. You can if you have a contract with the owner of the property. You should seek legal…
I am a married woman purchasing a house in California as sole owner. If I die What happens to the house. can I will it to whoever I chose since I am the sole owner?
I sold my property by a short sale procedure and had my realtor represent me at the closing. Now I have a collection agency demanding that I pay off the loan. What can I do?
You need to review any documents you signed with the bank in order to see what you consented to when you signed. An attorney would have been a more appropriate advocate for you at your closing since they would have reviewed the documents and negotiated your best deal. You went to the closing with no legal representation at all. Real estate agents don't "represent" anything but their commission. They are not qualified to look out…
In law, a property conveyance is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or an easement right in land. In law, a property conveyance is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or an easement right in land. In law, a property conveyance…
Your mortgage company added your other property to your mortgage illegally 2 years after signing mortgage What can you do?
The mortgage company can not add another property to your existing note without you signing for it. If they have placed a lien on your property you can go to court and make them remove it. Pull your Mortgage or Deed of Trust (depending on what state you are in) and look at the addresses on it. If it does not show the second property, then they have no legal right to put a lien…
What are the legal complications of having the same tenant for more that 4 yrs though lease is being renewed every 11 months?
Your fathers property is in default 2 months you plan on selling the property when you are named legal Heir to satisfy loan is there anything that will stop forecloser until I am named legal heir?
Talk with the lien-holder, and probably make a payment a month, until you are named an heir legally, when you then can advance any amount as long as you're the only heir, or with consent of all heirs. :To wit: make sure the bank or realtor/whomever doesn't legally make a foreclosure; after that, the property will be theirs.
Nothing happens unless that person on the loan does not pay or dies. A real estate attorney in your particular state should be contacted for legal advice. If one of the former occurrences happen, the one not on the mortgage may lose property rights. The lender for the property does not need to accept mortgage payment from the other party since the loan was not with them. Legal and mortgage rights are dependent upon the…
Do your step children have any legal rights to your estate years after their father died if you don't leave anything to them in your will?
Your step children have no legal rights to your own property after your death whether you have a will or die without a will. Your step children have no legal rights to your own property after your death whether you have a will or die without a will. Your step children have no legal rights to your own property after your death whether you have a will or die without a will. Your step children…