The real estate agent is the seller's agent for selling the property they don't guarantee the title. Once you have decided to purchase the property you should call your attorney to represent you from that point on. You will need to sign a Purchase & Sale Agreement after it has been reviewed by your attorney and pay a deposit. If for any reason not allowed in the P&S you decide to abort the purchase the seller may keep your deposit. Once your financing has been approved your attorney should have the title to the property examined by a professional. Your attorney will be responsible for reviewing the title abstract to confirm that the seller is the legal owner, that there are no outstanding liens or claims on the property and that you will acquire a clear title. The title examination is the most important step in the process. It protects your investment. You should also purchase an owner's title insurance policy that will insure you against any claims or title defects that were not found in the public land records during the title examination. Once the deed is recorded you are the legal owner. If any person comes forward with any claim you are covered. You need only refer them to the attorney who represented you for the purchase.
Only by the death of the life estate holder or by their release of the life estate by deed to the fee owners.
After a life estate has been extinguished the fee owners, sometimes called remainders, have the right to the use and possession of the property.After a life estate has been extinguished the fee owners, sometimes called remainders, have the right to the use and possession of the property.After a life estate has been extinguished the fee owners, sometimes called remainders, have the right to the use and possession of the property.After a life estate has been extinguished the fee owners, sometimes called remainders, have the right to the use and possession of the property.
daimyo are estate owners that pay no taxes to the government
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Consult the owners manual.
All the owners of the real estate must sign the mortgage so that the lender can foreclose in the case of a default.All the owners of the real estate must sign the mortgage so that the lender can foreclose in the case of a default.All the owners of the real estate must sign the mortgage so that the lender can foreclose in the case of a default.All the owners of the real estate must sign the mortgage so that the lender can foreclose in the case of a default.
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life estate ?
The life estate expires when the life estate owner does and the mineral rights revert to the property owners in fee.
Yes, if the mortgage was not properly executed by all the owners of the real estate.Yes, if the mortgage was not properly executed by all the owners of the real estate.Yes, if the mortgage was not properly executed by all the owners of the real estate.Yes, if the mortgage was not properly executed by all the owners of the real estate.
Stakeholders of any industry means all those who are related to that industry, directly or indirectly. Therefore stakeholders of real estate industry are real estate developers, property brokers, home buyers, land owners, property owners, housing finance institutions and all those are related to real estate sector
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