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An attorney should handle all matters regarding the title to the property. The buyer's attorney arranges to have the title examined to make certain their client will receive good title to the property free of any defects or undisclosed encumbrances. If any problems are disclosed by the title examination, she/he will report them to the seller's attorney for correction.
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∙ 11y ago
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Are the real estate commissions split between the buyer and seller?
Normally the real estate agent's commission is paid by the Seller. In over 20 years of experience I have never heard of the buyer being expected to pay real estate commissions.
How do you sign over property left by mother to one sibling?
If the property includes real estate the estate must be probated in order for title to pass to the devisee.If the property includes real estate the estate must be probated in order for title to pass to the devisee.If the property includes real estate the estate must be probated in order for title to pass to the devisee.If the property includes real estate the estate must be probated in order for title to pass to the devisee.
What is an open title used car?
An open title on a used car is when the title of the car is signed by the seller and handed over to an individual. This means the title is free from the previous owner, but not officially signed over to anyone specific.
How do you sign over the title on totaled car?
Sign off on your part as the seller on the title itself just like you were selling it to anyone else.
What do you do if you lose the title to your car after it has been signed over?
You need to get a "lost title" form from the DMV and have the seller sign it. This form will work as the title and you will need a "bill of sale" to go with it.
If the party you are buying the car from owes the bank more than what you agree to pay IF both send in a check s who gets the title the buyer or the seller and how is the buyer protected?
The seller will get the title. It may vary in different states, but I would suggest the buyer have a notarized document prepared which has a promise that the seller will turn the vehicle/title over. It a chance that buyer will take.
Neighbor recently passed away and her brother wants to give me her car I have the title and need to register it in North Carolina What do I need to do to get the title signed over?
get in touch with your neighbors brother and find out who the executor of estate was/is for his sister. That person can sign the title over to you and give you a copy that shows they are the executor of estate for her.
Directions on how to sign over a car title?
May vary where you are: Assuming title has your info on it as well as the car's, put the Seller's info as well as the car's mileage on the title. Don't forget to date it!
How do you sign a car title over?
THE BUYER AND SELLER WILL SIGN ON THE BACK OF THE TITLE MAKE SURE YOU WRITE YOUR NAME AS IT IS ON THE TITLE, THERE WILL BE A PLACE FOR SELLER AND BUYER TO WRITE NAME AND ADDRESS AND ZIP. A PLACE FOR THE AMOUNT SOLD. IF YOUR BUYING FROM FAMILY, YOU CAN GET A PAPER AND FILL IT OUT SAYING IT'S A GIFT AND YOU WON'T HAVE TO PAY ANY TAXES ON IT. YOU GET THAT PAPER WHERE YOU BUY THE TAGS AND GET THE TITLE CHANGED OVER TO YOUR NAME. GOOD LUCK SRHAND
Can you register a car if you received the bill of sale but not the title?
Generally, you must have the title, signed by the seller/owner, and a bill of sale in order to register the vehicle in your name. The sale isn't valid unless the buyer receives both. If the seller does not turn over the title, the buyer cannot register the car and has no proof that the seller owned the vehicle. If you have questions contact the Department of Motor Vehicles in your jurisdiction.
Does the seller have to be present at the tag agency to sign the title over?
The seller has to sign the title, but it does not have to be done any place in particular. Some states require a Notary to witness it and some don't. On the back of the title, at the top should be the space for the seller and buyer to sign. Usually at the bottom of this box or right under it there is a place for the Notary to sign if it is required. If it is needed , you must sign it with the Notary present.
Can you buy and sell a car the same day get the seller to sign over the title with out me signing it trade in or sell to someone else?
No
