The grantee(s) in the most recently recorded deed (any type deed) is the new owner unless that deed conveyed less than a 100 percent interest. In that case, you would need to examine the land records to determine who all the present owners are.
It is a deed which conveys real property to a buyer with a warranty of title and a warranty of no encumbrances, but reserves a lien in favor of the seller (vendor); the lien exists until the full purchase price is paid off, so the seller (vendor) has the right to take the property back (foreclose) is he/she/it is not paid in full. See a real estate attorney for further information.
A warranty deed with a vendor's lien can be recorded in the public records in all counties in Texas (as well as in most other states).
Yes. The lien can be recorded against any one property owner's interest.
A written claim to some piece of property
Yes. A lien can be recorded against real property right up until the moment the new deed is recorded transferring the property to the new owner.Yes. A lien can be recorded against real property right up until the moment the new deed is recorded transferring the property to the new owner.Yes. A lien can be recorded against real property right up until the moment the new deed is recorded transferring the property to the new owner.Yes. A lien can be recorded against real property right up until the moment the new deed is recorded transferring the property to the new owner.
Tax sale property has a quit claim deed. Any liens on the property, mortgages, from the previous owner will remain on the property. You would be responsible to pay off the lien or the lien holder would foreclose.
You Will Have To Refinance To Add Her To The Mortage And Deed. The lien does not have to be refinanced in order to add someone to the title. A "Quit-Claim" deed will need to be filed to add (or subtract) someone from title. Any local title/settlement agency should be able to assist you with this for a fee. The current lien holder will not know about the addition of any persons to title and, technically, in the event of death the lien can be continued to be repaid (by your mother) without refiancing. * Please be advised Quitclaim deeds do not assure a warranty or covenant of ownership to the property. If the involved parties wish to assure that the property will be protected from probate and other action (such as creditors) upon the death of one of the owners, a warranty/general deed is the best option, preferably as Joint Tenants With Rights Of Surviviorship. It is usually not necessary to inform the lender as the property is secured collateral for the debt owed and the remaining deed holder's are responsible for the debt or reaffirmation of the lending contract to prevent foreclosure on the property.
NO. You cannot transfer the ownership of the property UNTIL the lien is paid off, in full.
The lien is valid. A quit claim deed merely transfers the seller's interest in the property; it doesn't guarantee that the deed is free of any encumbrances - for that, one needs a warranty deed.
Yes the owner of the property may give the lien holder a quitclaim deed if they are unable to pay the note and wish to forfeit the property. This is often done to avoid forclosure.
No. The purpose of a lien is to notify the world that someone has some type of claim against your property or some form of interest in it. The property would remain subject to the lien
No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.