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Who is the largest holder of real estate in the world?
mcdonald's
What is a Grantee record?
the seller of real estate
What if a Mortgage holder never files a lien against your house?
If the mortgagee neglects to record the mortgage then it will not become a lien on the real estate. However, you are still obligated to repay the loan.
What is a life estate owner?
A life estate holder has the right to the use and possession of real property for the duration of their natural life. They do not own the property but the property cannot be mortgaged or sold by the fee owners without the consent of the life estate holder. The life estate is extinguished when the holder dies.
Can a life estate holder remove her property from a life estate by selling it and changing the deed herself?
No. A life estate holder does not own the real estate and therefore cannot execute any deeds regarding the property. A life tenant only has the right to the use of the premises for the duration of their natural life.No. A life estate holder does not own the real estate and therefore cannot execute any deeds regarding the property. A life tenant only has the right to the use of the premises for the duration of their natural life.No. A life estate holder does not own the real estate and therefore cannot execute any deeds regarding the property. A life tenant only has the right to the use of the premises for the duration of their natural life.No. A life estate holder does not own the real estate and therefore cannot execute any deeds regarding the property. A life tenant only has the right to the use of the premises for the duration of their natural life.
What mean Broker of record in real estate?
The Broker Of Record is the Broker covering the listing or buying side in a Real Estate transaction. He/she is registered as the person responsible for the conduct of a brokerage and the agents who work for it.
what happens to seller held mortgage when mortgagor dies?
If it ws done properly, the mortgage is a lien against the real estate. If the mortgage is not paid by the estate then the holder of the mortgage can foreclose and take possession of the property. You should consult with an attorney who can review the situation and explain your options.If it ws done properly, the mortgage is a lien against the real estate. If the mortgage is not paid by the estate then the holder of the mortgage can foreclose and take possession of the property. You should consult with an attorney who can review the situation and explain your options.If it ws done properly, the mortgage is a lien against the real estate. If the mortgage is not paid by the estate then the holder of the mortgage can foreclose and take possession of the property. You should consult with an attorney who can review the situation and explain your options.If it ws done properly, the mortgage is a lien against the real estate. If the mortgage is not paid by the estate then the holder of the mortgage can foreclose and take possession of the property. You should consult with an attorney who can review the situation and explain your options.
Who is an owner of record in real property?
The owner of record is the entity proven to be the current deed holder pursuant to a search of the land records.
Is a remainderman of a life estate entitled to receive the will in which he is named?
An estate that has real estate must be probated in order for title to pass legally. Once the will has been filed for probate it becomes a public record and you can visit the court and obtain a copy.An estate that has real estate must be probated in order for title to pass legally. Once the will has been filed for probate it becomes a public record and you can visit the court and obtain a copy.An estate that has real estate must be probated in order for title to pass legally. Once the will has been filed for probate it becomes a public record and you can visit the court and obtain a copy.An estate that has real estate must be probated in order for title to pass legally. Once the will has been filed for probate it becomes a public record and you can visit the court and obtain a copy.
Can a life estate be included in the holder's will?
A life estate is extinguished upon the death of the holder. There is no remaining interest that can be passed by will.
Can a remainder interest owner be held responsible for paying a mortgage?
If they signed the mortgage they are responsible for paying it. Generally the holder of a life estate who wants a mortgage on the property must obtain the written consent of the remainders for the mortgage to be valid as against the real estate. The written consent is the same as cosigning the mortgage.If they signed the mortgage they are responsible for paying it. Generally the holder of a life estate who wants a mortgage on the property must obtain the written consent of the remainders for the mortgage to be valid as against the real estate. The written consent is the same as cosigning the mortgage.If they signed the mortgage they are responsible for paying it. Generally the holder of a life estate who wants a mortgage on the property must obtain the written consent of the remainders for the mortgage to be valid as against the real estate. The written consent is the same as cosigning the mortgage.If they signed the mortgage they are responsible for paying it. Generally the holder of a life estate who wants a mortgage on the property must obtain the written consent of the remainders for the mortgage to be valid as against the real estate. The written consent is the same as cosigning the mortgage.
How do you get a real estate license in Michigan after your previous real estate license has expired and was not renewed?
If you are not able to renew your license in Michigan real estate, you will be noted as an inactive realtor agent. However, you may still be able to be noted as an active real estate license holder in Michigan by passing the required and updated state requirements in the state and taking several courses, passing the examination and obtaining a certification by the Michigan state.
