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Does a grant deed mean you are the legal owner?
Yes. If you are the grantee in the deed then you are the new, legal owner.
Does owner financing and contract for deed mean the same thing?
When a home seller offers "owner financing", they are essentially offering to hold a mortgage note for the deed on the property. The mortgage note is the "contract". The contract pledges the deed to the buyer once they pay in full. Once the "contract" is paid off, then the deed is transferred to the buyer as the new owner.
Who is deeded owner?
That would mean a property owner who acquired their interest in the property by virtue of a deed.
What does being on a deed mean?
"Being on the deed" means that you are the grantor or grantee in the deed. The grantor is the seller or the owner making a transfer of the property and the grantee is the purchaser or the one who is acquiring an interest in the property.
What does it mean when someone says they will deed their interest in the property?
That means they own an interest in real property and they will execute a deed that transfers their interest to a new owner. The proper way to express that transaction is they will "convey" their interest by deed.
What does HE mean after a persons name on a deed?
Home endowment, meaning you own it now.
What does it mean when it says that one owner on a deed was deceased intestate?
Intestate means that the person died without having written a will.
In simple terms what does it mean to receive a deed in lieu of foreclosure?
A deed in lieu of foreclosure refers to the process of handing over a property deed to the mortgage financier and no longer having to pay the mortgage. The property now belongs to the company who financed the mortgage.
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.
What does life's rights mean on a house deed?
What does life rights mean on a deed.
What does deed mean?
Deed means something that is carried out
What does inheritors mean?
To take (property) by law of descent from an intestate owner. b. To receive (property) by will
