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When real estate under an estate for years is sold what happens to the lease?
Wiki User
∙ 10y ago
lease is subject to termination with proper notice
Wiki User
∙ 10y ago
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What happens if you have not filed for years and have an estate left to you?
Well, if you're exceptionally stupid, you go on the internet and take the advice of some yahoo there, trusting that "if it's on the internet, it must be true."If you have some moderate amount of sense, though, you consult a tax preparer or attorney.That said, in the US bequests are handled differently from income as far as taxes are concerned. If you haven't been required to file in previous years, you probably won't be required to file because of the estate either.If you were supposed to file in previous years and you just didn't do it, that's eventually going to catch up to you, and that attorney is looking like a better idea every moment.
Does a real estate broker have to keep originals?
Real estate brokers are required to keep copies of pertinent documents for several years (the time requirement varies by state) in California brokers are required to keep a transaction file for five years. This file is made up of true copies but not necessarily the original documents. Documents these days can be signed electronically, scanned or faxed or signed in ink- all are acceptable in the typical real estate transaction.
What is review4property?
360 Degree review for Indian Real estate Property,Real Estate Grievances, Customer opinion in real estate, Customer experience in Real Estate, Queries in real estate, Reviews for property, Expert advise in real estate, Property experts, Real estate projects and Real estate project reviews.
Can a beneficiary force the sale of a property when executor years ends if the other beneficiaries disagree?
Type your answer here... Can a beneficiary force executors to wind up an estate, or ask them to buy him out in respect of a property being involved
What are some services of Prudential Ins?
Prudential Insurance offer its customers many services including life insurance, retirement annuities, financial planning, and real estate investing. They have been in business for over 135 years.
Can a family member of the deceased evict you from the property you've shared with your wife of 15 years in Arkansas?
In Arkansas, the process of eviction typically involves legal proceedings through the court system. A family member of the deceased may have rights to the property, but they would need to follow proper legal procedures to evict you, especially if you have lived there for an extended period of time and have established tenancy rights. It is advisable to seek legal counsel to understand your rights and options in this situation.
What happens at the end of a solar lease?
At the end of a solar lease, typically after 20-25 years, the homeowner can choose to renew the lease, purchase the solar panels at market value, have the solar company remove the panels, or potentially extend the lease on a month-to-month basis.
What happens if an heir to an estate has received nothing in 3 years?
Then he probably gets pretty upset.
Father made you executor and sole beneficiary in his will 20 years ago He remarried 10 years ago What happens to his estate?
Upon his remarriage, his will became null and void, as his spouse became co-owner of the estate.
Can a landlord in South Carolina evict a tenant if she has not gotten any money from a real estate agent in more than 3 years?
If the tenant is following the instructions given on a lease, or is following any written instructions on how, where, and when to pay the rent, and is doing so on a timely basis, then there is no reason the landlord can evict them. If the landlord has contracted a real estate agent to collect the rent on their behalf, and the tenant is paying the real estate agent in accordance to the instructions on the lease, then the tenant is not responsible for any rent the real estate agent has not paid the landlord. Otherwise, the basic rule is that the tenant must pay the landlord the rent every month, and is responsible to see that the landlord is paid in accordance to the terms on the lease.
Can you lease a hybrid for 5 years?
Lease terms are negotiable based on the individual dealer. While most leases have a term of 3 years, you can negotiate with the dealer for a 5 year lease.
What happens if it has been 3 years and you haven't settled the estate because of home sells in Florida?
Consult the attorney that is handling your probate action for advice. You may have to come to some agreement to partititon the home from the remainder of estate in order to settle the estate.
Can you sale land after conversion from Agriculture to commercial by Urban Improvement trust and given on 99 years lease?
Yes u definitely can sell land after conversion from Agriculture to commercial by Urban Improvement Trust and given on 99 years lease...only the registry will have to be done again in the registrar's office..and the registry fees has to be paid...and the lease will be transferred to the buyer under his(buyer's) name.
If an estate is closed and two years later the deceased comes into money what happens to that money?
The estate would need to be reopened and the funds would pass according to the terms of the will or by the laws of intestacy if there was no will. A fiduciary would need to be appointed to represent the estate and distribute the funds.
What differentiates an estate for years from an estate from period-to-period is that estate for years?
And Estate for years would run for a specific time period and is not automatically renewed, where as, an Estate from period to period runs for an indefinite number of periods (Which are usually in 30-day segments).
How many years of college does a athlete need to have?
at lease 3 years
When a lease contract is over you have 5 years option lease can a landlord refuse to sign option lease?
If you can rephrase this question, it might help to get an answer. Thank you. www.retustee.com
