What if a deed names a trust and another individual how is the property administered at trustor's death?

What is a fiduciary account?

fiduciary account -- a savings account, the funds of which are owned by one individual but administered for that individual's benefit by another individual, such as a legally appointed conservator, trustee, or agent.

Chattel slavery is the theme used to describe when a slave is treated as?

property or commodity that can be bought, sold, and owned by another individual.

What is liability coverage?

LIABILITY COVERAGE Refers to coverage for liability that an individual has if he or she should negligently injure another person or another person's property.

Nation administered by another nation?

mandate

May an individual gift their partial ownership (undivided interest) to another individual and retain a life estate when they do not own the entire property (other owners have an undivided interest)?

Typically yes

What do you call territory administered by another country in war and revolution?

mandate

What is a 7 letter word for territory administered by another country?

Mandate

When the administration is closed can the administrator sell property?

No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.

General Receipt?

Get StartedA receipt is a written acknowledgment that something of value (money or property) has been received by another individual. The General Receipt is not effective to transfer legal ownership of the money or property. It merely provides evidence that the recipient has obtained possession of the money or property.

if a person passes and doesn't own any property, do you still have to go to probate court. also, if they owned property and signed it over to a relative, is there a time frame before you die this this should take place?

If there are any assets and debts, the estate will be probated. The assets do not have to include real property. If the individual deeded the property to another prior to his passing, the property belongs to the deed hold.

What is another word for a property losing its value?

property devaluation

A person who is the property of another person?

A person who is the property of another is typically referred to as a slave. This condition involves a complete loss of personal freedom and autonomy, as the enslaved individual is owned and controlled by another person. Historically, slavery has been a significant human rights violation, leading to severe exploitation and suffering. Modern laws and ethical standards universally condemn slavery in all its forms.