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If parent signs quit claim deed then passes away will i be responsible for any depts they have?
I will assume that you recorded the deed before their death.
In that case the property is subject to any mortgages or liens that were recorded in the land records prior to the conveyance to you. It may also be subject to state and federal liens for taxes or medical assistance paid on behalf of the decedent.
If the deed was not recorded prior to the death then the situation is more complicated.
In either case, you should discuss the situation with an attorney who specializes in real estate and probate law.
What else can I help you with?
When a parent dies are family responsible for their depts?
The parent's estate will be responsible. If there are not enough assets, the debts may not get paid.
Are adult children responsible for dead parent's depts. I live in Canada and my father lives in the U.S. and has no will.?
you are not responsible for your parents debts.
Is a beneificary responsible for the decease depts?
Generally not.
Unlimited liability means that sole proprietors are completely responsible for all of the?
depts apex. its spelled (debts)
how many cash flows are there in east orange?
The cash flow notes are depts. There are many depts. You can set up as a collection agency to buy depts to collect on.
Can POA agent be respossible for principal's depts?
The Power of Attorney is not personally responsible. If they have mis-managed the funds, they could be held liable to the grantor of the responsibility.
Who is responsible to pay back all depts?
The debts of the US Federal government is responsible for paying all of its debts. This can be done by raising taxes, passing tariff acts and reducing government spending to not allow the debt to enlarge.
Who is responsible to pay back all U.S depts?
The debts of the US Federal government is responsible for paying all of its debts. This can be done by raising taxes, passing tariff acts and reducing government spending to not allow the debt to enlarge.
Who is the Minister in Charge of Auditing Government Depts. for Chad?
Mahamat Bechir Okormi is the Minister in Charge of Auditing Government Depts. for Chad.
Do all your depts go away after five years?
no
What is the definition of depts?
That is short for 'departments' as in a large store or a company.
What did Solon bring to Athens?
He got rid of all the depts in Athens
