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You can rent property in one state while owning property in another by finding a property management company to handle the rental property for you. This way, you can manage your property from a distance and ensure it is being taken care of properly.

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AnswerBot

4mo ago

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Related Questions

What are the differences between owning two houses and owning one property?

Owning two houses means having ownership of two separate residential buildings, while owning one property typically refers to owning a single piece of real estate, which could be a house, apartment, or land. The main difference is that owning two houses involves managing and maintaining two separate properties, while owning one property involves dealing with just one. Additionally, owning two houses may provide rental income or investment opportunities, while owning one property may be for personal use or investment purposes.


If a owner dies owning real estate that they acquired by a quitclaim deed does their estate need to be probated?

Yes. If an owner dies while owning real property their estate must be probated regardless of how they acquired the land.Yes. If an owner dies while owning real property their estate must be probated regardless of how they acquired the land.Yes. If an owner dies while owning real property their estate must be probated regardless of how they acquired the land.Yes. If an owner dies while owning real property their estate must be probated regardless of how they acquired the land.


What does the term died seized mean?

The term "died seized" refers to a situation in property law where a person who holds legal title to a property (the "seized" individual) passes away while still owning that property. This status is significant in determining how the property is handled after death, particularly in relation to inheritance and estate distribution. Typically, the property will then be transferred according to the deceased's will or, if there is no will, according to state intestacy laws.


What constitutes title?

Title is the legal relationship between a person and their property. Having title to property means having ownership which stands against the right of anyone else to claim it. Title to real property is evidenced by a deed, inheritance from a probated estate or by a court order. The person who has title to property has the right to possess, control, and dispose of it. If that person dies while owning property, title will pass to her heirs by Will and/or according to the laws of intestacy.Title is the legal relationship between a person and their property. Having title to property means having ownership which stands against the right of anyone else to claim it. Title to real property is evidenced by a deed, inheritance from a probated estate or by a court order. The person who has title to property has the right to possess, control, and dispose of it. If that person dies while owning property, title will pass to her heirs by Will and/or according to the laws of intestacy.Title is the legal relationship between a person and their property. Having title to property means having ownership which stands against the right of anyone else to claim it. Title to real property is evidenced by a deed, inheritance from a probated estate or by a court order. The person who has title to property has the right to possess, control, and dispose of it. If that person dies while owning property, title will pass to her heirs by Will and/or according to the laws of intestacy.Title is the legal relationship between a person and their property. Having title to property means having ownership which stands against the right of anyone else to claim it. Title to real property is evidenced by a deed, inheritance from a probated estate or by a court order. The person who has title to property has the right to possess, control, and dispose of it. If that person dies while owning property, title will pass to her heirs by Will and/or according to the laws of intestacy.


Person dies while owning property as Tenants in Common with 4 others Deceased's portion is willed to children subject to Life Estate to his wife Can this be done?

Yes. And what a mess it would be.


Can you buy a house while owning another?

Yes you can buy an house and own anothor at the same time ; it is up to you how many houses you buy and own and what you do with them .


If someone keys your car while on another persons property is that persons insurance responsible?

no


What are some national restrictions on owning a hand gun?

Restrictions on owning a hand gun depends on what nation this question is being directed. In the United States the restrictions on owning a hand gun varies in each state. For example, in the state of New York, on is not allowed to own any type of gun while in Arizona one can own anything except a machine gun or army tactical weapons.


Can you move out of state while pregnant and married in the state of Arkansas?

Yes you can move to another state, but you can not take the children to another state till the divorce is given.


Can you become your own payee while in anothen state?

once in another state do i have to have a payee


Is personal property covered in a life estate deed?

What you mean by "covered" is not clear. Therefore the following is general information only. You need to check the laws in your state and consult with an attorney, if necessary.Generally, an owner who transfers their real property by deed and reserves a life estate has reserved the use and possession of the real property for life and has named a remainder person who will own the property absolutely upon their death. Their personal property remains on and in the promises and they retain ownership of that personal property. Should they decide to release their life interest, they can remove all their personal property to a new home. If they die while owning the life estate, the title to the real property vests in the remainder person absolutely and the personal property on and in the premises becomes part of the decedent's estate.What you mean by "covered" is not clear. Therefore the following is general information only. You need to check the laws in your state and consult with an attorney, if necessary.Generally, an owner who transfers their real property by deed and reserves a life estate has reserved the use and possession of the real property for life and has named a remainder person who will own the property absolutely upon their death. Their personal property remains on and in the promises and they retain ownership of that personal property. Should they decide to release their life interest, they can remove all their personal property to a new home. If they die while owning the life estate, the title to the real property vests in the remainder person absolutely and the personal property on and in the premises becomes part of the decedent's estate.What you mean by "covered" is not clear. Therefore the following is general information only. You need to check the laws in your state and consult with an attorney, if necessary.Generally, an owner who transfers their real property by deed and reserves a life estate has reserved the use and possession of the real property for life and has named a remainder person who will own the property absolutely upon their death. Their personal property remains on and in the promises and they retain ownership of that personal property. Should they decide to release their life interest, they can remove all their personal property to a new home. If they die while owning the life estate, the title to the real property vests in the remainder person absolutely and the personal property on and in the premises becomes part of the decedent's estate.What you mean by "covered" is not clear. Therefore the following is general information only. You need to check the laws in your state and consult with an attorney, if necessary.Generally, an owner who transfers their real property by deed and reserves a life estate has reserved the use and possession of the real property for life and has named a remainder person who will own the property absolutely upon their death. Their personal property remains on and in the promises and they retain ownership of that personal property. Should they decide to release their life interest, they can remove all their personal property to a new home. If they die while owning the life estate, the title to the real property vests in the remainder person absolutely and the personal property on and in the premises becomes part of the decedent's estate.


How do you create a house title?

An individual does not create a title to real property. Title is established through deeds, transfers of title by other means and inheritance. Title to property is established by a careful review of the land records where the property is located and the probate records if any owner died while owning the property.The only way you can establish your title to real property is to acquire the property from the legal owner.