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Can a person you sign the deed in a life estate sell the property while you are sill living on the in the house?
If you conveyed your property by deed and reserved a life estate, the property cannot be sold without your written consent, releasing your life estate. If you do not sign the deed, the new owner would take the property subject to your life estate.
If you conveyed your property by deed and reserved a life estate, the property cannot be sold without your written consent, releasing your life estate. If you do not sign the deed, the new owner would take the property subject to your life estate.
If you conveyed your property by deed and reserved a life estate, the property cannot be sold without your written consent, releasing your life estate. If you do not sign the deed, the new owner would take the property subject to your life estate.
If you conveyed your property by deed and reserved a life estate, the property cannot be sold without your written consent, releasing your life estate. If you do not sign the deed, the new owner would take the property subject to your life estate.
What else can I help you with?
Does the person who receives the life estate have to maintain the house and property named in life estate?
Generally, yes.
What does estate mean?
A person's estate is all the property owned including real and personal property. In another sense an estate is a large piece of landed property with an elaborate house on it.
Is a will any good if the items in it at the date of death of the owner were items they no longer had Does it give them rights to the current house and items?
If a person disposes of property during her life that property is no longer part of her estate at the time of death. If the house was conveyed then the grantee now owns it. Depending on the circumstances the personal property may be in the decedent's estate especially if they were still living in the house at the time of death. You should speak with an attorney to sort out what property can be considered part of the estate.
Do you have to live in house now to receive life estate?
No. An owner of property can grant a life estate at any time to any person of their choosing.No. An owner of property can grant a life estate at any time to any person of their choosing.No. An owner of property can grant a life estate at any time to any person of their choosing.No. An owner of property can grant a life estate at any time to any person of their choosing.
When there is three owners of a house and one dies is the house part of the dead person estate?
That will depend on the deed and what the ownership is. If it is a right of survivorship, no, it is not a part of the estate. If they are listed as tenants in common, yes, the estate has a claim to part of the property.
What do you call A person who sells their house?
An estate agent is the person usually employed to sell a person's property. Usually with the aid of a solicitor employed by the seller/owner of the property.
Can the executor request an inventory of the estate prior to the death of the individual if a relative is living in the house and the will writer is declared incompetent?
The estate does not exist if the person is still living. The executor has no authority until appointed by the court.
Life estate Mothers real property lives there has 2 children deeded half ea. Who has to pay the property taxes while mother is alive and living in the house Could she have reversed the Life Estate?
who evers name is on the deed is legally responsible
What is the difference between a real estate agent and a real estate appraiser?
A real estate agent acts as the seller's agent in pricing the property, advertising, showing the house, negotiating with the buyer and collecting their commission at the time of sale. A real estate appraiser is a person who has the professional know-how to determine the fair market value of a property. In addition the appraiser estimates the square meter (GLA - gross living area), by measuring the exterior of the home.
Can a house in an estate be rented?
The executor can rent the house. They are responsible for making sure the estate stays solvent and the property is taken care of.
Does the devise of the dwelling house include only the house?
Generally the devise of the dwelling house mean the home and real property on which it stands. The contents of the house are personal property. Usually a will provides more explicit instructions for the distribution of the personal property inside the house. If not, that property may pass into the "residue" of the estate and would be shared by the heirs as intestate property. You should seek the advice of the attorney who is handling the estate. The estate must be probated if there is real property in order that the title to the real property will vest in the devisee.
In an estate are the will and house combined or are they separate entities?
A will is a declaration of how a person wants her property to be disposed of after her death. A will may dispose of a house but it is obviously a separate entity from a house. Perhaps you need to rephrase your question.
