What right does a potential buyer have to put a Lis Pendens on a property?

What is a notice filed or recorded for the purpose of all persons that title or right to the possessions of certain property is in litigation?

lis pendens

Does being a co-buyer entitle you to any rights?

You have full and equal right of ownership on the property purchased.

If there is a mortgage on property and the mortgagor failed to pay the amount loaned at a given time what shall be do?

just as in any mortgage situation, the holder of the mortgage, once a default has ocurred, has the legal right to commence a foreclosure action in county court. an action to foreclose a mortgage generally begins with the filing of the summons/ complaint and the lis pendens. the lis pendens is a document that is filed so as to attach real property to the proceeding, and puts the world on notice that a foreclosure is ongoing and directly affects title to the property

Does a Notice of Lis Pendens need to be renewed?

That depends on your state law. When you go to sell or refinance it will still show up and you may encounter some problem- either a title insurance company will want a premium to "insure over" it, or it could give your buyer the right to back out. Better deal with it now if possible; it's like a little time bomb that could go off and make problems for you. You should record a release in the land records.

What does the term sold subject to contract mean regards property?

more than likely, the property was sold with contingencies Meaning the person bought something and will take possession providing everything checks out that was aggreed upon between buyer and seller Buyer reserves the right...

What does CTG FROR mean in real estate?

CTG FROR in real estate stands for "Contingent with First Right of Refusal." This status indicates that a property is under contract with a buyer, but the seller has agreed to consider other offers. If a higher offer comes in, the original buyer has the right to match it before the property can be sold to the new buyer. This arrangement provides both parties with certain protections and opportunities during the sale process.

What are the right and duty of unpaid seller explain?

An unpaid seller has the right to get paid and the right to bring suit against a buyer who will not pay. He may have the right to place a lien on the buyer's property. On the other hand, he has the responsibility to do or deliver what was promised (in the condition it was said to be in). If there was a written contract, it may spell out other specific responsibilities.

What are the rights and duties of unpaid seller?

An unpaid seller has the right to get paid and the right to bring suit against a buyer who will not pay. He may have the right to place a lien on the buyer's property. On the other hand, he has the responsibility to do or deliver what was promised (in the condition it was said to be in). If there was a written contract, it may spell out other specific responsibilities.

What are Your Rights As a Home Buyer ?

Every new home buyers should be careful because the market has both good and bad. If you do not want to end up becoming a victim of any scams. So, how can you protect your property then? Simple, for that you must know the rights of the home buyer. If you are well aware of your rights, you can tackle any issues. Transferring of property from one person to another is bound by government laws. The law that governs the Transfer of properties in India is the Transfer of Property Act. So here are some rights of a home buyer. Right to know details about the project As a buyer, you have the right to know the stage-wise completion schedule of a particular project. You can know all the details of the project including rainwater harvesting, electricity, sewage, and other utilities, services, and amenities. So you can approach the builder and ask for all these details about the project. Right to claim possession You have made the payment for the property and ready to take possession of the property. However, the seller has not given the possession of the house as per the agreement. Wondering what can a buyer do? Even if you make full payment but still didn’t receive the possession of the house then you have the right to receive compensation. Simply put, you can receive a full refund of the amount you paid along with the interest. The seller’s registration can be revoked or suspended under the act. Always remember that once the buyer makes full payment, they have the right to take the possession of the property along with the common spaces too. They can also take possession of the house once the OC is issued and receive a copy of it. Right to get the property with all the features mentioned in the agreement Yup, you have seen it right. A buyer has the right to receive property with all the features that are mentioned in the sales agreement. There are many scammers out there, they promise you various amenities on the paper by fulfilling only a few of them. As the buyer does not know about their rights they usually let it go. However, it is important for a buyer to be educated about their rights to take appropriate action. So if the seller has not kept his end of promise by giving you all the amenities as promised in the agreement then you can take them to court. Yup a buyer is eligible to take the seller to the court in case he doesn’t fulfil their side of the agreement. Right to receive all the documents As a buyer, you have to know about your rights. Because it will help you in fighting for yourself in case of injustice. Another important thing that most buyers do not know about is that they have the right to receive all the necessary documents, encumbrance certificates, property layout from the builder along with the common areas, and tax receipts. So remember that you have the right to receive all these documents from the seller. So excise your right and receive all these documents. Benefits of improvement Similar to the other benefits in this article, this is also one of the rights that are given to the buyer. Once the ownership is passed on to the buyer i.e., full payment is made and the property now belongs to the home buyer. The buyer is only entitled to any of the benefits of improvements that contributed to the rise in the value or increase in the value of the property. Once the property is sold the increase in the value of the property really goes to the buyer but not the seller. So the buyer can enforce these rights as they are given by the law. Loss of damages This is more of a liability than a Right for the buyer. All the above mentioned are the rights of the buyer. It is reasonable to end this article with at least one liability. Once the ownership of the property is transferred any damages pertained to the property are the responsibility of the buyer only. Be the loss arising from damages or the decrease in the value of the property are all responsibilities of the buyer but not the seller anymore. Bottom line The above mentioned are some of the rights of the buyer. It is important for a buyer to be educated about their rights and liabilities to understand their stand in the sale agreement. Buying a dream house is the most important aspect of many people’s life. If you are not careful enough, it doesn’t take a long time for the dream to become a nightmare. If you want to win against the seller who does you wrong, then it is important to know your rights. Before anything else, find yourself a seller who is fair and has all the required documents from the concerned authorities. If you didn’t want to fall prey to any of the scams then, it is important to know about your rights and responsibilities before time. To know more information Visit:-wwwdotmuppaprojectsdotcom

Why are pop up ads effective?

Annoying as they are, popup ads are effective. They put the product right in front of a potential buyer and the names are difficult to forget.

Is the buyer the owner?

The OWNER is listed on the TITLE and/or registration. The buyer actually becomes the owner when all financial obligations are paid in full. For instance... when you are buying a house you are considered to be an owner because you hold the deed. But, there is a Deed of Trust for the property, held by the lender. That gives the lender the right to take the property if the borrower defaults.

There is a right away through your property that has not been used in over 20 years if the property is sold will the right away go away?

A ROW does not automatically become extinguished when the burdened property is sold. The buyer's attorney should perform a title examination. The examination will enable the attorney to determine the legal status of the ROW.