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Are easements permanent legal rights granted to a property owner?
Yes, easements are permanent legal rights granted to a property owner or another party to use a specific portion of the property for a specific purpose.
What legal document is used to transfer the title of real property from one party to another?
A deed is the legal document used to transfer the title of real property from one party to another.
When is a property officially out of the foreclosee's name?
When the title passes to another party.
If property is conveyed to another party does that party now own the property?
Yes. And if it was subject to liens that weren't paid off when the property was transferred then the property is still subject to those liens and those creditors can still go after it.
Can a tenant in common rent out their share of the property?
Yes, a tenant in common can rent out their share of the property to another party.
What does liability insurance pays for?
It pays to another party if you injure them or damage their property.
What is an after-acquired title?
An after-acquired title is the legal ownership of a piece of property obtained by a party after that party has already purported to sell a falsely claimed present interest in the property to another.
Is there a usufruct over easement?
Usufruct is the legal right to use property that belongs to another person or entity. In many legal usufruct systems of property individuals or groups may only acquire the usufruct of the property, not legal land ownership.You need to review the language in the instrument that created the easement to determine if the affected land can be used for other purposes. If you are the person to whom the easement was granted your use of the land encumbered by the easement is generally restricted to the use defined in the easement. If you granted the easement to another party the easement agreement may prohibit certain uses of the land encumbered by the easement.
Who has property rights when the owner is not around?
The owner is the only one with the property rights unless they have assigned rights in writing to another party who can act on their behalf.
Irrevocable rights to some limited use of another party's real property?
You have written a definition for an 'easement'.
What is a dedicated easement?
A dedicated easement is a legal right granted to a specific party to use a portion of another person's property for a particular purpose, such as access or utility installation. This easement is formally established through a legal document and is typically recorded in public records. Unlike an implied or prescriptive easement, a dedicated easement is explicitly defined and recognized by the property owner, ensuring that it remains in effect even if the property changes hands.
What coverage does third party property damage car insurance provide in the event of an accident?
Third party property damage car insurance provides coverage for damage to someone else's property caused by your vehicle in the event of an accident. This can include damage to another person's car, fence, or other property.
