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What if you win lottery and stop paying mortgage?

The lender will take possession of your property by foreclosure. It will then sell the property and will pursue you in court for any deficiency and legal costs.The lender will take possession of your property by foreclosure. It will then sell the property and will pursue you in court for any deficiency and legal costs.The lender will take possession of your property by foreclosure. It will then sell the property and will pursue you in court for any deficiency and legal costs.The lender will take possession of your property by foreclosure. It will then sell the property and will pursue you in court for any deficiency and legal costs.


Can you do a short sale after a house was included in a bankruptcy?

No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.


In Florida can the executer of estate sell property without the consent of the beneficiaries?

An executor must be appointed by the court. An executor can sell the property of the decedent, after the debts have been paid, if that power was granted in the will or if the court has issued a license to sell.


Can an estate sell real estate in Florida or do the individual heirs have to sell it?

The executor has the ability to sell the property. It is subject to court approval. They can also transfer the property to the beneficiaries. In which case they can then sell it.


What is court license for natural guardian to sell a minor property?

If a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.If a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.If a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.If a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.


Can bankruptcy court make you sell your livestock?

Livestock is property so yes they can.


How to sell a house after a parent dies?

You have to open an estate. The court will then appoint an executor. The executor will have the letter of authority that will, with the court's permission, sell the real property of the estate.


How do you obtain a court order to sell property?

You need to bring a lawsuit to a land court or court of equity and provide compelling evidence as to why you should have the right to sell the property. You should consult with an attorney who specializes in real estate law who can review the details and explain your options.


How do you force sell joint property?

If the owners cannot reach an amicable agreement, the party wishing to sell must file a suit in the court in the county where the property to have the property partitioned according to state laws.


Can you sell your home if it is joint names and your husband is incapacitated?

If someone has been named attorney in fact under a durable power of attorney for your husband that person can sell his interest in the property by signing a deed on behalf of your husband.If there was no DPOA, you would need to be appointed his guardian by the probate court and obtain a license to sell the property from the court. You should consult with an attorney.If someone has been named attorney in fact under a durable power of attorney for your husband that person can sell his interest in the property by signing a deed on behalf of your husband.If there was no DPOA, you would need to be appointed his guardian by the probate court and obtain a license to sell the property from the court. You should consult with an attorney.If someone has been named attorney in fact under a durable power of attorney for your husband that person can sell his interest in the property by signing a deed on behalf of your husband.If there was no DPOA, you would need to be appointed his guardian by the probate court and obtain a license to sell the property from the court. You should consult with an attorney.If someone has been named attorney in fact under a durable power of attorney for your husband that person can sell his interest in the property by signing a deed on behalf of your husband.If there was no DPOA, you would need to be appointed his guardian by the probate court and obtain a license to sell the property from the court. You should consult with an attorney.


What is Partition in property law?

If an owner of co-owned property wants to sell and the other(s) do not, a Petition For Partition can be filed in a court of equity. If the property cannot be divided then the court will appoint a commissioner who will sell the property. The proceeds less all the legal costs will be equally divided among the owners. Property held as tenants by the entirety cannot be partitioned.


If parents sold an undivided interest in property to a son for a fair market value and the parents decide to sell can the son be forced to sell?

If you have an undivided interest in property you cannot be forced to sell by the co-owners. Only a court can force a sale. Your parents would need to petition the court to partition the property. The court would divide the property if possible. If not possible then the property would be sold and the proceeds, after legal costs, would be divided amongst the co-tenants. A partition proceeding can be costly. However, your parents could sell their interest in the property to a third party who would then become your co-tenant in common.