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Real property in a will refers to land and any permanent structures on it, such as houses or buildings. When someone includes real property in their will, they are specifying who will inherit or have rights to these physical assets after their passing.

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6mo ago

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Can you explain what tax assessment means on Zillow?

Tax assessment on Zillow refers to the estimated value of a property for tax purposes. This value is used by local governments to calculate property taxes.


Is investment property real property?

What PropTech tools do NRI investors use to manage their Indian real estate?


How can I use real estate as collateral for a loan?

You can use real estate as collateral for a loan by offering the property as security to the lender. This means that if you fail to repay the loan, the lender can take possession of the property to recover their money. It's important to have the property appraised and ensure that the loan amount does not exceed the property's value.


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.


What is the proper meaning for REO in mortgage terms?

REO- Real Estate Owned or Bank owned, which means the real estate property is no longer mortgaged~ as a result of forfeiture or foreclosure.

Related Questions

What means is 'mortgage value' as related real estate?

what means 'mortgage value' as the real estate property


What is the difference in a house being for sale and for rent?

A sale of real estate means the owner wants to transfer the property to a new owner in return for a price.A rent of real estate means the owner seeks to allow someone the use and occupancy of the property in return for a price, usually by the month.A sale of real estate means the owner wants to transfer the property to a new owner in return for a price.A rent of real estate means the owner seeks to allow someone the use and occupancy of the property in return for a price, usually by the month.A sale of real estate means the owner wants to transfer the property to a new owner in return for a price.A rent of real estate means the owner seeks to allow someone the use and occupancy of the property in return for a price, usually by the month.A sale of real estate means the owner wants to transfer the property to a new owner in return for a price.A rent of real estate means the owner seeks to allow someone the use and occupancy of the property in return for a price, usually by the month.


What does real estate taxes mean?

The term "real estate taxes" means the taxes on the property that you own. Your real estate is the property itself. This tax is generally payed annually to your county.


Explain what This means Underly Shares Outstand Cert?

It is a unclaimed property upon which the state controller files a claim to the government. It is turned to the government by Law.


What kind of tax is real estate property taxes?

A real estate tax, also called a property tax, is an ad valorem tax imposed on an annual basis. That means it is a tax based on the value of the real estate. Property taxes may be payable to the town or county depending on the jurisdiction.A real estate tax, also called a property tax, is an ad valorem tax imposed on an annual basis. That means it is a tax based on the value of the real estate. Property taxes may be payable to the town or county depending on the jurisdiction.A real estate tax, also called a property tax, is an ad valorem tax imposed on an annual basis. That means it is a tax based on the value of the real estate. Property taxes may be payable to the town or county depending on the jurisdiction.A real estate tax, also called a property tax, is an ad valorem tax imposed on an annual basis. That means it is a tax based on the value of the real estate. Property taxes may be payable to the town or county depending on the jurisdiction.


Where can one find what chattel actually means?

Encyclopedia says, is generally considered private property that is movable as opposed to real property or real estate, also are called chattels or personalty.


What does vest title mean?

Vest means to confer full title to real property. "Title" to real property means legal and absolute ownership. When a person dies owning real property their estate must be probated whether they die with a will or without a will. That is because title to real property, if not transferred by a deed from the owner, must be transferred by a court order. The court decree that allows the probate of an estate vests title to the real estate in the heirs. If the estate is never probated the heirs never gain legal ownership of the property and the result is a cloud on the title.


What is adverse claim?

An adverse claim typically means a claim that is against real property by someone other than the registered owner. It means someone is claiming rights to property levied on.


How can you get a trust fund monthly payment back when a sibling tricked you into doing a quick claim deed?

You need to consult with an attorney. You have asked a complicated question that involves a trust and a conveyance of real property. The attorney can review both the trust and the conveyance and explain your rights and options.You need to consult with an attorney. You have asked a complicated question that involves a trust and a conveyance of real property. The attorney can review both the trust and the conveyance and explain your rights and options.You need to consult with an attorney. You have asked a complicated question that involves a trust and a conveyance of real property. The attorney can review both the trust and the conveyance and explain your rights and options.You need to consult with an attorney. You have asked a complicated question that involves a trust and a conveyance of real property. The attorney can review both the trust and the conveyance and explain your rights and options.


How is real property different from personal property?

The difference between personal property and real property is that personal property can depreciate faster than improvement made on real property.


Are shares real property?

Generally, (investment) shares are personal property unless you are referring to shares in real property. If three people own real property together, their shares are real property.


Is your house real or personal property?

Real Property