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Can a property given in gift deed reclaimed by the grantor?
Real property transferred by deed cannot be "reclaimed" unless there were conditions mentioned in the deed that would trigger a reverter if not met and those conditions were not met. If the property was simply transferred to a new owner with no restrictions the former owner no longer has any interest in the property not any control over it.Real property transferred by deed cannot be "reclaimed" unless there were conditions mentioned in the deed that would trigger a reverter if not met and those conditions were not met. If the property was simply transferred to a new owner with no restrictions the former owner no longer has any interest in the property not any control over it.Real property transferred by deed cannot be "reclaimed" unless there were conditions mentioned in the deed that would trigger a reverter if not met and those conditions were not met. If the property was simply transferred to a new owner with no restrictions the former owner no longer has any interest in the property not any control over it.Real property transferred by deed cannot be "reclaimed" unless there were conditions mentioned in the deed that would trigger a reverter if not met and those conditions were not met. If the property was simply transferred to a new owner with no restrictions the former owner no longer has any interest in the property not any control over it.
What happens if a person has a quitclaim deed and the original owners did not give up ownership of the property?
A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.
Does joint tenancy supercede a will?
Yes. Property that is owned as joint tenants with the right of survivorship passes automatically to the surviving joint tenant bypassing probate. A co-owner's interest cannot be gifted by a will.Yes. Property that is owned as joint tenants with the right of survivorship passes automatically to the surviving joint tenant bypassing probate. A co-owner's interest cannot be gifted by a will.Yes. Property that is owned as joint tenants with the right of survivorship passes automatically to the surviving joint tenant bypassing probate. A co-owner's interest cannot be gifted by a will.Yes. Property that is owned as joint tenants with the right of survivorship passes automatically to the surviving joint tenant bypassing probate. A co-owner's interest cannot be gifted by a will.
What happens to a mortgage when home owner is deceased and the home is gifted to a child in a trust?
The mortgage must be paid. When a property has been encumbered by a mortgage the property remains subject to the mortgage even if the title is transferred or the original owner dies. You need to pay off the mortgage or make arrangements with the bank to transfer it to your own name. If the mortgage isn't paid the bank will take possession of the property by foreclosure.
Can a warranty deed be transferred back to original owner?
I'm not an attorney. A warranty deed can go back to the original owner. Why not? The original owner can acquire the property again; there is no law against that. The deed might still be a warranty deed, but if the deed has become clouded in some way while under other ownership, the original owner might possibly not receive a warranty deed when he gets the property back.
Would acquiring the original deed be better than a quit claim deed?
No. In order to transfer title to real property to a new owner the new owner must get a deed from the present owner.The "original deed" was a transaction between the grantor and grantee on that deed.No. In order to transfer title to real property to a new owner the new owner must get a deed from the present owner.The "original deed" was a transaction between the grantor and grantee on that deed.No. In order to transfer title to real property to a new owner the new owner must get a deed from the present owner.The "original deed" was a transaction between the grantor and grantee on that deed.No. In order to transfer title to real property to a new owner the new owner must get a deed from the present owner.The "original deed" was a transaction between the grantor and grantee on that deed.
What are the services offered by Conveyancing Online?
The service offered by Conveyancing Online is transferring the legal title of a property, upon its sale or change of owner, from the original owner to the new owner, so they are the legal owners of the property.
Is the joint owner of the property you live in your landlord?
This is specified on your lease or rental agreement. If there is a co-owner and the original landlord is unable to fufill their duties the responsibility would fall on the other owner.
How long does a quit claim take?
gifted property had taken back 2 years before
What is property that descends to an heir called?
A gift of real property by will is called a devise.
If you are paying taxes on a property in Texas does that make you the property owner?
No, paying property taxes on a property does not make you the property owner. Only a properly executed deed naming you as the owner would make you an owner.
What is the meaning of reversion expectant?
"Reversion expectant" refers to a situation where a current owner of property has the right to receive the property back in the future. This typically occurs when property is transferred for a limited time or under certain conditions, with the expectation that it will revert back to the original owner at some point.
