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As a co-owner of real property by deed you have the right to the use and possession of, and the profits from the property.

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17y ago

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Can you explain what real property means in a will?

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.


Can a cosigner coowner repossess a vehicle if the primary has not defaulted payment on the loan?

A cosigner or coowner cannot repossess a vehicle. That is something the leinholder does.


How do I find out if I have mineral rights on my property?

To determine if you have mineral rights on your property, you can check the deed or title documents for your property. These documents should specify whether you own the mineral rights or if they have been reserved by a previous owner. You can also consult with a real estate attorney or a landman who specializes in mineral rights to help you understand the ownership status of the mineral rights on your property.


Is the cosigner on a property considered to be a co-owner?

Yes. * No. Unless a cosigner is also named on the title to a vehicle or the deed to real property they have no legal rights or claim to said property.


If a property is owned by the daughter and the deceased mother is that considered the deceased estate?

The rights in the real property are a part of the estate. If the property was owned with rights of survivorship, the daughter may claim title without going through probate. Consult an attorney who does probate work in your jurisdiciton.

Related Questions

When husband inherits property should his wife be added to title or does she automatically become coowner?

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What is considered real property?

Real Property is defined as real estate: the land on which you stand, or the house that you are buying or the space that you are leasing. Personal property are items that belong to you that go into the real property such as your tv or cash register.


What is the definition of limited real and personal rights with regard to real estate?

Real rights -rights that a person has over a immovable property. It must be registered against the title deed of the property, Limited rights - when there is a restriction/servitude on a property, the owners rights are limited by it, Personal rights - the right of a legal subject specified in an agreement or contract.


What is the definition of limited real and personal rights with regards to real estate?

Real rights -rights that a person has over a immovable property. It must be registered against the title deed of the property, Limited rights - when there is a restriction/servitude on a property, the owners rights are limited by it, Personal rights - the right of a legal subject specified in an agreement or contract.


What is the bundle of sticks idea in real property?

The bundle of sticks is the concept that there are different rights to real property and the more rights you have the more of the bundle of sticks you have.


Are mineral rights considered real property?

Minerals in the ground are treated as real property, but, after removed from the land, they become personal property


What is forfeiture?

the loss of legal rights to real property


What is a type of real property in?

Real property in GFEBS is fixed buildings, homes, or land. It is also includes all of the rights and interests in the property.


What are real rights?

Real rights are legal rights that grant a person direct control over a specific physical object or property, allowing them to use, enjoy, and dispose of that property as they see fit. These rights typically include ownership, usufruct (the right to use and benefit from property owned by another), and servitudes (rights to use another's property in a limited manner). Unlike personal rights, which are claims against specific individuals, real rights attach directly to the property itself and can be enforced against anyone who infringes upon them.


What are the rights in the properties of a business known as?

The rights in the properties of a business are commonly referred to as "property rights" or "real property rights." These rights encompass the legal entitlements associated with owning, using, and managing business assets, including real estate, equipment, and intellectual property. Property rights ensure that businesses can control their assets, generate income, and protect their investments from unauthorized use or infringement.


What is a type of real property gfebs?

Real property in GFEBS is fixed buildings, homes, or land. It is also includes all of the rights and interests in the property.


In GFEBS What is a type of Real Property?

Real property in GFEBS is fixed buildings, homes, or land. It is also includes all of the rights and interests in the property.