You need to consult with an attorney in you jurisdiction who can research the laws of your state to determine what expenses and responsibilities must be born by the life tenant. The life tenant may be able to assign their interest to another person but the life estate would expire upon the death of the original life tenant. You need to speak with an attorney who specializes in real estate law.
The estate of the father is responsible for their share of the house. The home will probly have to be sold to pay debts and pay off the mortgage. It may also depend on how the property was deeded, she may inherit the home free and clear (along with the mortgage) on his death.
Deeded land is land transferred by means of a deed.
The owner of a deeded home can get the home back if the home is in his or her name. The taxes must be paid on a deeded home in order for it be a clear deed.
No, deeded is not a word whoever asked this question because deeded is already pural. Of course "deeded" is a word. The asker is referring to the verb "deed", not the noun "deed" hence its pluraliity has no bearing as a verb cannot be plural. "The grandfather deeded his house to his grandson."
The past tense of "deed" is "deeded."
What if there was a will and the house was deeded to the wife what about the contents of the house?
Deeded land has a legal owner of the land, with a deed to prove ownership. Recorded land is on record at the land office, but it is not necessarily deeded to anyone.
Whomever signs on the dotted line is responsible. So in this case, both people are responsible for the loan being paid regardless of who is on the deed. In fact, the deed can be transferred or deeded to someone else altogether, but the 2 individuals who took out the loan are still responsible to make sure payments are paid and who will ultimately be affected if payments are not paid. The property is only collateral for the loan.
owned land
The person is also claiming someone else land without permission or formal consent
No, the mortgage is a debt of the estate. That mortgage must be resolved before the property can be transferred.
pioneers