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What happens when a person owns a home and does not leave a will when they die?
Wiki User
∙ 15y ago
That depends upon how the person owned the home, whether jointly or alone. I'm assuming the person has sole ownership. When there is no will, a decedent's property passes to his heirs according to the laws of intestate succession. Each state has such laws and they may be different from state to state in small ways, so it's vital to check the laws of your state. The laws of intestate succession will specify who receives the property and in what shares. These shares will differ depending on who survived the decedent. I won't go into those differences here because they are beyond the scope of the question.
Wiki User
∙ 15y ago
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What happens If a person owns a home but the property inside the home was willed to someone else?
The property inside the home is taken away by the person who now owns it. The person who owns the home could offer to purchase the property (which saves a lot of moving and buying replacements) or should arrange a time for it to be collected.
If a person owns a home can they rent the home to another person after the owners bankruptcy?
If a person owns a house they can do what they wish with it (within the law). If they are declared bankrupt and they no longer own it then they have no say in what happens with the house. It is no longer theirs.
What does owner occupied home mean?
An owner occupied home is a home that is lived in by the person who owns it, rather than by someone who is renting from the person who owns it.
Do enslaved people have a home?
Yes. They are housed by the person who owns them.
Can a person build house on heir property without permission?
If a person builds a home on land that they don't own, the home will become the property of the person who owns the land.
How do you find out by name if a person owns a home?
It's very simple, Go to the person,. ask his/her name and say to him/her, that I had seen a house on your name at some location,., then automatically that person will say,., whether he/she owns a house or not,.,.
Who own your home if another person owns the land where it sits?
If the home is permanently attached to the real estate (not a mobile home) then the owner of the real estate owns the home. if you build a home on another person's land, they own it. Perhaps the owner would allow you to move the structure. However, you would need to restore the land to its natural state.
Who owns Selena quintanilla's home?
Selena's Dad owns her home.
A person who owns buildings and rents them?
A person who owns buildings and rents them
Who is the richest person in Latvia?
Aivars Lembergs. He is a politician that owns 180 million lats, which is roughly 360 million US dollars. He has been charged with multiple crimes. he's never been jailed, but he had a home arrest. it's like the police are your parents and you are grounded. you can't leave your home, if you do you go to jail.
Did Robert Kraft own Home Depot?
No one person owns Home Depot. It is a publicly traded stock corporation, and is owned by everyone that owns a share of stock. If you wanted, you could go buy a share of stock, and become a part owner.
Can a person put someone else's name on a house and sell it?
Only a person who legally owns a home can sell it. If you "put someone else's name" on the home, it means you quit claim your interest in the home to them. They then have the right to decide whether or not to sell.
