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What else can I help you with?
Who is deeded owner?
That would mean a property owner who acquired their interest in the property by virtue of a deed.
What does being on a deed mean?
"Being on the deed" means that you are the grantor or grantee in the deed. The grantor is the seller or the owner making a transfer of the property and the grantee is the purchaser or the one who is acquiring an interest in the property.
Does a property deed override a will in new york?
A deed to a property specifies who owns the property. If the property belonged to someone who has died then the property (and the deed to it) become part of the dead persons estate. What happens to the estate is determined by the dead persons will. In view of this it is unclear what you mean by a property deed overriding a will - your question makes little sense.
Do the people that you bought your place from need to be there when you do the quitclaim deed?
If you're "doing" (I assume you mean signing) a quitclaim deed, the people you bought the property from are utterly irrelevant to the transaction, which is strictly between you as the grantor and whomever you are giving up your interest in the property to as the grantee. So no, they don't need to be there. You should only accept a quitclaim deed in certain very specific circumstances, and buying a property from someone is not likely to be one of them. The reason for this is that all a quitclaim deed really says, legally speaking, is that the grantor gives up his or her interest in the property to the grantee. It doesn't promise that someone else doesn't own part or even all of the property, it doesn't promise that the property is unencumbered, and it doesn't give the grantee any legal recourse if either of those things turn out to be the case. When buying a property, you should insist on a proper grant deed or warranty deed.
Does adding someone to Quit Claim Deed mean that the original owner is permanently forfeiting total ownership of the property?
A quit claim deed gives whoever is on it the same rights to the property as the original holder had. If you create a quit claim deed for property you hold title to and put your own name on it along with someone else, you are essentially splitting the property in half.
When you find a house and it is a sheriff sale and a survivor-ship deed was on this house does that mean there is still a mortgage to pay off?
A survivorship deed has nothing to do with whether there is a mortgage on a property sold by a sheriff's deed.A sheriff's deed conveys only what interest the debtor owned in the property. The debtor may have no interest in the property. It may be subject to a mortgage or the debtor may have only owned a half-interest. There may be other liens. In fact, language recited in a sheriff's deed generally declares that the sheriff does not certify the debtor had any interest in the property only that IF the debtor did own any interest in the property it is conveyed by the deed. That means a buyer needs to do a comprehensive title examination performed by a professional to disclose the legal status of the property. You should contact an attorney who specializes in real estate to represent you if you are interested in purchasing the property.
Is a property deed is a secondary source?
Yes... property deed mean what you use to tranfer the ownership of real property from one person to another.
What does deed of lodge mean?
Property was lodge
What does ETUX on a property deed mean?
It means "and wife".
What does it mean to be on the deed but not the mortgage, and how does this impact ownership and financial responsibility for a property?
Being on the deed but not the mortgage means you have ownership rights to the property but are not responsible for the mortgage payments. This arrangement can impact ownership by giving you legal rights to the property, but you are not financially responsible for the loan. However, if the mortgage is not paid, the lender can still foreclose on the property, affecting your ownership interest.
What does it mean to perfect a security interest?
Perfecting a security interest means that you have taken all the necessary legal steps and filed all the required papers to establish a lien against someone's property. If you borrow money against your house and sign a promissory note, the lender's security interest is perfected when the mortage or deed of trust is recorded.
If I pay someone elses property taxes does the property become mine?
Answer:If you pay someone's property taxes you would be considered a volunteer. That wouldn't give you any fee interest in the property.Occasionally, tax authorities will put a property with seriously delinquent tax payments up for sale and then you could buy the property for the cost of taxes. Contact your local city or county treasurer who handles the property taxes for your area.
