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What are subsequent property rights?
Subsequent property rights would refer to property rights that arise after you take title to the property. An example would be your obtaining an easement from your neighbor after you purchase your property.
How do you purchase salvage rights to abandoned homes?
Salvage rights must be purchased from the owner of the property. In the case of abandoned real property, the city or town must take title to the property through a tax taking procedure. Citizens can then purchase the property from the town. You should inquire at the tax assessor's office where the property is located.
How can I purchase air space for a commercial or residential property?
To purchase air space for a commercial or residential property, you would need to consult with a real estate attorney or a property developer who specializes in air rights. Air rights are the legal rights to use the space above a property, and they can be bought and sold like any other property rights. The process typically involves negotiating with the owner of the air rights and drafting a legal agreement to transfer ownership. It's important to conduct thorough research and seek professional guidance to ensure a smooth and legally sound transaction.
Can you receive a partial inheritance before death of parent?
No. You have no rights in a parent's property while they are living. An inheritance comes from the property a decedent owns at the time of death. Death makes that property 'inheritable'. There is no such thing as an inheritance from a living person.
The bundle of rights remaining with the lessor after the execution of a lease of an immovable property is called as what?
Ownership Rights.
If I agree to purchase a residential property from an owner but that property is currently being leased to someone what rights do I have?
If you purchase this property, you will assume the position of landlord under the existing lease with the tenant. Your rights and responsibilities are determined by the lease and your state's landlord-tenant laws. It is a good idea to talk with a real estate attorney in your area before purchasing this property to ensure that the lease protects your rights and you won't have any surprises after closing (e.g. tenant demands deposit refund, major repairs, etc.)
Can you enjoy other easement rights if you purchase an easement across a neighbors property?
Yes, when you purchase an easement across a neighbor's property, you typically gain the right to use that specific area for the purposes defined in the easement agreement. However, you do not automatically gain additional rights to use other parts of the neighbor's property unless those rights are explicitly granted in the easement. The scope and limitations of the easement will be detailed in the legal documentation, making it essential to review that agreement to understand your rights fully.
If you purchase a property with deeded lake rights and find out when you want to sell that you in fact do not have any rights do you have any recourse?
If it was on your deed, and the rights do not in fact exist, then you should contact the title company. It is probably their error.
How can one purchase air rights for a property?
To purchase air rights for a property, one must negotiate with the owner of the air rights and come to a mutually agreed-upon price. This typically involves hiring a real estate attorney or broker to facilitate the transaction and ensure all legal requirements are met. Once a deal is reached, the buyer can then officially acquire the air rights through a legal contract or deed transfer.
Is it possible to purchase air rights in a real estate transaction?
Yes, it is possible to purchase air rights in a real estate transaction. Air rights refer to the legal right to use the space above a property, allowing for the construction of buildings or other structures. These rights can be bought and sold separately from the land itself.
What rights do one have to property if you are not married?
If you are not on the deed you have no rights in the property. If you are not legally married and the owner dies you have no legal rights in the property.
Who holds the tax benefits legal title or equitable title on a real estate contract?
A contract to purchase real estate gives the buyer no rights in the property except the right to purchase it. Title remains in the property owner until transferred by a deed of conveyance.
