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If the trustee was instructed to sell the property by the trustor- yes.
If the trustee was instructed to sell the property by the trustor- yes.
If the trustee was instructed to sell the property by the trustor- yes.
If the trustee was instructed to sell the property by the trustor- yes.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoIf the trustee was instructed to sell the property by the trustor- yes.
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Can you sell a real estate property titled in trustee after owner dies?
Can you sell a real estate property titled in trustee after mother and father dies
Can one sell property after the trustee has indicated what assets must be liquidated?
If you are in the midst of a bankruptcy proceeding the title to all your property is in the trustee. You can't sell any property. You should direct any questions to your attorney or to the trustee in bankruptcy.
Can an executor to the will and as a trustee purchase the other trustee half?
A trustee doesn't have anything to buy or sell. If the property was left to the two, he can buy out the other party if they agree to it.
What happens to the property if a property does not sell at the auction or Trustee's Sale?
If a home does not sell at auction it goes back to the trustee....(The bank / Lender). Typically the property transfers back at the starting bid...so in actuality it did indeed sell.
What kind of paperwork does the trustee need in order to sell the house after filing chapter 13?
Unless the house was owned free and clear by the debtor, the trustee does nothing. The mortgagee forecloses and auctions the house off. If there was no mortgage, the trustee will either sell the house or auction it off.
How is the gain taxed if you own a principle residence property jointly with your brother and sell it at a profit before and after two years?
Assuming that it is the principal residence for BOTH you AND your brother, and that you both lived in the house for the same period of time...the same rules would apply to both of you. In order for gain to be excludible from income for Federal income tax purposes, it must have been your principal residence for at least 2 of the last 5 years. If it was your pirncipal residence for less than 2 years, none of the gain is excluded from tax. If it was your principal residence for more than 5 years, up to $250,000 (or $500,000, if you're married) is excludable from Federal income tax. If the house was your principal residence for between 2 and 5 years, the amount of gain excluded is pro-rated. Of course this assumes that you have gain. You likely know the answer to this already, but make sure that you know what your actual basis in the house is. Take into account improvements.
Has bimbo sold sara lee in California?
no it was sent to a trustee to sell
Is it legal for an executor to sell the principal residence through a listing agreement?
That is one of the duties of the executor, to properly dispose of property per the will. They are authorized to execute the will and to pay off debts. The sale of property may be required to do so.
Did bimbo sell saralee in California?
no it was sent to a trustee of the dept of justice to sell sara lee his name is James Fishkin
Can a trustee get a loan on the property held in trust to pay off heirs?
Trustee is not the owner of the property and hence he will have no right to sell the property held under trust.
How can you buy your grandfather's property from a trust?
You need to contact the trustee of the trust and ask about purchasing the property. The trustee has only those powers outlined in the trust document. The trustee must have the power of sale in order to sell the property to you.
How can real estate be removed from a trust?
You need to review the provisions in the document that created the trust to determine if the trustee has the authority to sell or transfer real estate. The trustee holds title to the trust property. If the power to sell is recited in the trust the trustee can execute a deed to transfer the property to a new owner. If the power to sell is not recited in the trust then you will need a court order to transfer title.
