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All records that affect land are filed at the local land records office. You can go there and check under the names of the owners of the property for any outstanding liens. Of course, it may get complicated if there are probate issues or an abundance of liens and you are not a professional. In that case you could pay a title company to perform a title examination on the property which would provide you with a report on the legal status of the title.
What else can I help you with?
How do you find out if your property has clear title without having to pay for it?
A professional title examiner who has an extensive legal background after years of preparation must examine the property records according to the standards set in your state in order to determine if the title to your property is free and clear of any defects. No one works for free.
If a seller indicates that the first mortgage is delivered free and clear what does this mean?
A free and clear property means that the mortgage was completely satisfied and there is no more lien on the property as far as the mortgage goes.
What do you need to sell property?
You need to have some legal authority to sell or be the legal owner free and clear of liens.
Where can house hunters in Minneapolis find free listings for Minneapolis property for sale?
House hunters in Minneapolis can find free listings for Minneapolis property for sale online at websites such as Realtor and Trulia. Alternatively, you can also find property for sale in the Minneapolis area online at the Zillow website.
What happens when the life rights owner passes awayand you have probate and deeds.?
All rights under a life estate expire upon the death of the life tenant. At that time the property is owned in fee by the remainders free and clear of the life estate.All rights under a life estate expire upon the death of the life tenant. At that time the property is owned in fee by the remainders free and clear of the life estate.All rights under a life estate expire upon the death of the life tenant. At that time the property is owned in fee by the remainders free and clear of the life estate.All rights under a life estate expire upon the death of the life tenant. At that time the property is owned in fee by the remainders free and clear of the life estate.
Can a property be bought before it goes to sheriff auction and would it be free and clear on all taxes and liens against it?
It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.
What is free title means?
"Free title" typically refers to the ownership of property without any liens, encumbrances, or legal claims against it. This means that the title is clear and unchallenged, allowing the owner to sell, transfer, or utilize the property without legal complications. In real estate, having a free title is essential for ensuring a smooth transaction and clear ownership rights.
How do you open an equity line?
To open an equity line of credit you need to discuss your needs with a lender. The lender will then obtain your information and run a credit check. If you pass the credit check, the lender will then make sure your property is free and clear of any judgments and/or liens. After the property is found to be free and clear, the lender will allow you to take out an equity line of credit loan against the property.
Why was dred Scott vs sandford important?
It was important because it made clear that property couldn't sue its owner and that property , in this case a slave, can be taken to free territory and still being property because a owner can take its property wherever they want.
What does the squatter gain in adverse possession?
If a squatter is successful in staying on the property for at least seven years, he gets to keep it, free and clear.
Does a person have to own property free and clear in order to do owner financing?
For the most part it varies from state to state, but the majority say No
Where can I find a property with a free lease?
You can find a property with a free lease by checking the internet to search for places in your area. Go to the website findaproperty.com and this will help you for a start. The internet can be very helpful for searching places in your area that may not be listed anywhere else.
