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Does ownership of a property take place when papers are signed or when the deed is filed at the title company?
Practices and recording statutes vary from state to state. Generally, ownership takes place when the deed is delivered. However, the deed must be recorded immediately in order to establish "record title". Until the deed is recorded creditors can record liens against the former owner who is still the owner of record. That is why closings often take place at or near the courthouse and the attorney representing the buyer checks the current owner for liens right up to the moment the deed is recorded. Many closings have been brought to an abrupt end when a creditor beat the buyer to record. In that case, the lien must be addressed before the consideration is paid and the title is transferred.
What else can I help you with?
Can a repo person come on company property that is fenced and says No Unauthorized Persons Allowed?
Read your CONTRACT. YOU likely authorised it when you signed the papers.
How does someone buy property?
Property can be purchased with a loan from a bank or with cash. The deed must be signed to prove ownership and to begin paying property taxes one the land.
Is there a penalty to pay if you sale your home after a loan modification?
If you transfer the ownership of the property the lender has the right to demand immediate payment in full of the mortgage and it will. That is one of the provisions included in the mortgage contract that you signed. It is called a due on transfer clause. A sale of the property will constitute a breach of the agreement.If you transfer the ownership of the property the lender has the right to demand immediate payment in full of the mortgage and it will. That is one of the provisions included in the mortgage contract that you signed. It is called a due on transfer clause. A sale of the property will constitute a breach of the agreement.If you transfer the ownership of the property the lender has the right to demand immediate payment in full of the mortgage and it will. That is one of the provisions included in the mortgage contract that you signed. It is called a due on transfer clause. A sale of the property will constitute a breach of the agreement.If you transfer the ownership of the property the lender has the right to demand immediate payment in full of the mortgage and it will. That is one of the provisions included in the mortgage contract that you signed. It is called a due on transfer clause. A sale of the property will constitute a breach of the agreement.
Does the bank need to know about a quit claim deed?
Yes. If the bank has a mortgage on the property there is a due on tranfer clause in the mortgage that the property owner signed That means the bank must be notified of any transfer of ownership and it can demand payment in full of the mortgage if any transfer is made. A quitclaim deed would be a transfer of ownership.
How can I go about getting a car towed off private property?
To have a car towed off private property, you can contact a towing company that provides private property towing services. Make sure to have the necessary documentation and authorization to request the tow, such as proof of ownership or a signed agreement with the property owner. Be prepared to pay for the towing service and any associated fees.
Does value consideration transfer ownership?
No. A deed signed by the owner transfers ownership. The consideration is mentioned on the deed.No. A deed signed by the owner transfers ownership. The consideration is mentioned on the deed.No. A deed signed by the owner transfers ownership. The consideration is mentioned on the deed.No. A deed signed by the owner transfers ownership. The consideration is mentioned on the deed.
In Georgia can you return a used car after the papers are signed?
of course not, if you signed the papers then you can't return it.
Who is owner of the property of wife signed pro forma to perfect lien only?
The owner of the property is typically the individual or entity that holds the title to the property, even if the wife signed a pro forma document to perfect a lien. The pro forma is usually a formal acknowledgment or agreement that does not transfer ownership but may secure a creditor's interest in the property. If there are specific legal considerations or agreements in place, those would need to be reviewed to determine the exact ownership and rights associated with the property.
If you join a company with an Intellectual Property agreement that needs to be signed how do you retain the rights to your own ideas that you had before joining?
The simplest and most effective way would be to register the copyrights or patents. Then stipulate in your agreement that you retain ownership to those registered works or inventions.
What does signed at state on insurance papers mean?
On insurance papers, signed at state simply means the person who is purchasing the insurance signed the legal document. These usually need to be signed in front of a notary.
After you've signed papers on the car and the auto finance company rejects you for a loan can you bring the car back and not try to get another finance company to loan you money for the car?
YES.
You co-signed on your sons mortgage you have your own property in a life estate can your sons mortgage company have any rights to your property that is in the life estate?
If the property in which you have a life estate is a separate and distinct property from the property your son mortgaged (and you co-signed) then the lender has no rights in your life estate property. If the property your son mortgaged is the same property in which you have a life estate then if he defaults on the mortgage and the lender takes possession you will also your life interest in the property since you also signed the mortgage.
