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What is the law in Indiana when their is a quit claim deed on property and the co owner dies?
Wiki User
∙ 11y ago
It depends on how the co-owners held title. If by survivorship the property automatically will become the sole property of the Survivor. If held as tenants in common the decedent's interest will pass to their estate and distribute to their heirs.
It depends on how the co-owners held title. If by survivorship the property automatically will become the sole property of the survivor. If held as tenants in common the decedent's interest will pass to their estate and distribute to their heirs.
It depends on how the co-owners held title. If by survivorship the property automatically will become the sole property of the survivor. If held as tenants in common the decedent's interest will pass to their estate and distribute to their heirs.
It depends on how the co-owners held title. If by survivorship the property automatically will become the sole property of the survivor. If held as tenants in common the decedent's interest will pass to their estate and distribute to their heirs.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoIt depends on how the co-owners held title. If by survivorship the property automatically will become the sole property of the survivor. If held as tenants in common the decedent's interest will pass to their estate and distribute to their heirs.
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Indiana Tax sale property has a quitclaim deed?
Tax sale property has a quit claim deed. Any liens on the property, mortgages, from the previous owner will remain on the property. You would be responsible to pay off the lien or the lien holder would foreclose.
What is a written claim of property?
Real property is transferred to another owner by a deed. A deed is a written legal document that is used to transfer the title to real property.
How can a disinheritance deed be revoked?
There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.
What is a written claim of some piece of property?
Real property is transferred to another owner by a deed. A deed is a written legal document that is used to transfer the title to real property.
Is a warranty deed needed along with a quit claim deed when transferring property to a love one?
A warranty deed guarantees that a property owner has the clear title to a property and the right to sell it. Quit Claim assigns and interest to the property. Check with your state laws, but in many states the QC is enough.
Can a person named in a will still inherit if someone else has a quick claim deed to the property?
You are referring to a "quitclaim" deed. If the deed is valid then the person named in the deed is the rightful owner.
What happens if a person has a quitclaim deed and the original owners did not give up ownership of the property?
A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.
Who is responsible party from time of quit deed to recording of deed?
The owner of record is responsible for the property until the deed is recorded.The owner of record is responsible for the property until the deed is recorded.The owner of record is responsible for the property until the deed is recorded.The owner of record is responsible for the property until the deed is recorded.
Can someone quit claim a property they already had quit claim deeded to their wife?
Generally, no. When a person executes a quitclaim deed to another person, the first person no longer owns the property. The new owner is the grantee on the quitclaim deed. The former owner has no interest to transfer to someone else.In this case, the wife would be the new owner of the property.
What is the OK statute of limitations on quit claim deed?
There is no statute of limitations regarding the efficacy of a deed. A valid deed creates a new owner of the property. It never expires. However, the new owner must record the deed in the land records to notify the world that the property has a new owner. See related question link.
Does adding someone to Quit Claim Deed mean that the original owner is permanently forfeiting total ownership of the property?
A quit claim deed gives whoever is on it the same rights to the property as the original holder had. If you create a quit claim deed for property you hold title to and put your own name on it along with someone else, you are essentially splitting the property in half.
If only one is on property title?
The grantee in the deed is the owner of the property. If you are not mentioned in the deed you are not an owner.
