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As an owner of an undivided interest in real property you have the right to the use and possession of the whole property. If there are three owners and the property is sold or partitioned you have the right to one-third of the net proceeds. You have the right to one-third of the profits.
What else can I help you with?
Can a court order you to sell a house you only own 50 percent?
If you only own a half interest the court cannot order the property sold unless the court has grounds to take the property rights of the other owner.If you only own a half interest the court cannot order the property sold unless the court has grounds to take the property rights of the other owner.If you only own a half interest the court cannot order the property sold unless the court has grounds to take the property rights of the other owner.If you only own a half interest the court cannot order the property sold unless the court has grounds to take the property rights of the other owner.
Can the joint property holder transfer the property?
Generally, they can transfer their own interest in the property but not the interest of the other co-owner.Generally, they can transfer their own interest in the property but not the interest of the other co-owner.Generally, they can transfer their own interest in the property but not the interest of the other co-owner.Generally, they can transfer their own interest in the property but not the interest of the other co-owner.
Can a trust own an interest in Florida real property as a joint tenant with a right of survivorship?
No.
Can one person change a deed and the other person sign it with out knowing what they did because they did not tell them that they did it?
no. One co-owner of real estate can only affect their own interest in the property.no. One co-owner of real estate can only affect their own interest in the property.no. One co-owner of real estate can only affect their own interest in the property.no. One co-owner of real estate can only affect their own interest in the property.
What does it mean when someone says they will deed their interest in the property?
That means they own an interest in real property and they will execute a deed that transfers their interest to a new owner. The proper way to express that transaction is they will "convey" their interest by deed.
What is the difference between right and interest in a property?
One AnswerAn interest in property means that you have a legal or equitable claim or right in property. A right in property is a legally enforceable claim. Used by themselves those legal terms are sometimes interchangeable.For example, a fee interest in property means you own it absolutely. You also own all the appurtenant rights that pass with the property such as easement rights. You can sell the property, devise it by your will or your heirs will inherit it when you die.A life estate is an interest in real estate that provides its owner with the right to the use and possession of the property for life. The life estate is extinguished upon your death. There is nothing left for your heirs to inherit.An easement right gives you a legally enforceable right to make a certain use of another person's property.
Can you sell a house without the co-owner's permission?
No. You cannot sell what you do not own. You can only sell your own interest in the property which is likely a half interest.No. You cannot sell what you do not own. You can only sell your own interest in the property which is likely a half interest.No. You cannot sell what you do not own. You can only sell your own interest in the property which is likely a half interest.No. You cannot sell what you do not own. You can only sell your own interest in the property which is likely a half interest.
With minerals what rights does an owner with 50 percent undivided interest have?
If you own an undivided one-half interest that means you own a 50% interest in the whole property. That would come into play if the mineral rights, the property, or a portion thereof was sold. For example, if the mineral rights were sold you would be legally entitled to 50% of the net profit. The buyer would be required to cut a check for that amount in your name.
Does executor have right to sell house if you own half?
If you own a one half interest in the property in your own right and as a tenant in common, the executor can only sell the half interest owned by the decedent. The executor cannot sell your own interest in the property.If you own a one half interest in the property in your own right and as a tenant in common, the executor can only sell the half interest owned by the decedent. The executor cannot sell your own interest in the property.If you own a one half interest in the property in your own right and as a tenant in common, the executor can only sell the half interest owned by the decedent. The executor cannot sell your own interest in the property.If you own a one half interest in the property in your own right and as a tenant in common, the executor can only sell the half interest owned by the decedent. The executor cannot sell your own interest in the property.
Can your husband do estate planning without your signature?
Generally, he can do his own estate plan without your consent. He can create a plan for the distribution of his own estate but he cannot include your interest in any property nor can he add to the plan any property in your sole ownership. He cannot cut off any survivorship rights you have in jointly owned property.Generally, he can do his own estate plan without your consent. He can create a plan for the distribution of his own estate but he cannot include your interest in any property nor can he add to the plan any property in your sole ownership. He cannot cut off any survivorship rights you have in jointly owned property.Generally, he can do his own estate plan without your consent. He can create a plan for the distribution of his own estate but he cannot include your interest in any property nor can he add to the plan any property in your sole ownership. He cannot cut off any survivorship rights you have in jointly owned property.Generally, he can do his own estate plan without your consent. He can create a plan for the distribution of his own estate but he cannot include your interest in any property nor can he add to the plan any property in your sole ownership. He cannot cut off any survivorship rights you have in jointly owned property.
Will you ever own a interest only property?
Interest only property loans are a type of loan in which includesan option to make a payment on the interest. I would not ever own an interest only property because I do not plan on buying a house.
What is a conflict of interest in real estate?
The conflict of interest can arise if you are an agent selling his own or a direct family member's property and do not disclose this material fact to the buyer of the home.
