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Generally, you can legally purchase real estate at age 18.
However, younger children can acquire an interest in real estate by inheritance or by deed. Those types of situations can become complicated if any actions must be taken regarding the real estate. In that case a court appointed guardian would need to represent the child.
What else can I help you with?
What is the legal age to own real estate in Illinois?
You must be the age of majority to hold real property. In illinois that is 18 years old.
What is legal age to own property in Illinois or can a 17 year old own real estate in Illinois?
You have to be 18 to have any real assets to your name.
Why do real estate companies need their own attorneys?
Real estate companies have their own attorneys for completing real estate transactions. At real estate closings, both parties are required to have an attorney present.
What if one spouse is 70 and the other spouse is 45 can a reverse mortgage still be done?
No, not if both own the real estate. There are age limits for reverse mortgages. You need to consult with a local bank for some details about reverse mortgages.No, not if both own the real estate. There are age limits for reverse mortgages. You need to consult with a local bank for some details about reverse mortgages.No, not if both own the real estate. There are age limits for reverse mortgages. You need to consult with a local bank for some details about reverse mortgages.No, not if both own the real estate. There are age limits for reverse mortgages. You need to consult with a local bank for some details about reverse mortgages.
What real estate company does ed smart own?
Smart & Company Real Estate
Do I need a real estate license to buy my own house?
No, you do not need a real estate license to buy your own house.
Is mortgage better than a loan?
A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.
Can an unlicensed real estate agent show properties?
If the real estate agent is unlicensed than they are not a real estate agent. If someone is seller their own home they can show their property or designate someone over 18 year of age to show their home. By law an unlicense individual are not allow to enter properties without a licensed real estate agent.
Where is Kansas real estate located?
Kansas real estate is located in the US state of Kansas. There is a page on Yahoo for Kansas real estate and the Kansas Real Estate Commission has its own website as well.
How do you set up your own real estate website?
A real estate agent can purchase a domain and create their own website or they could purchase a website from a company who specializes in selling real estate websites for people who would like to own their website.
Can I act as my own real estate agent when purchasing a property?
Yes, you can act as your own real estate agent when purchasing a property, but it is recommended to have a good understanding of the real estate process and laws to ensure a successful transaction.
Can I act as my own real estate agent?
Yes, you can act as your own real estate agent, but it may be challenging as real estate transactions involve complex legal and financial processes. It is recommended to seek guidance from a professional real estate agent to ensure a smooth and successful transaction.
