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What else can I help you with?
Legal age to sign mortgage documents in Michigan?
In Michigan, the legal age to sign mortgage documents is 18 years old. Minors are not legally able to enter into a mortgage contract on their own. Any individual under the age of 18 would need a legal guardian or parent to co-sign the mortgage with them.
Do companies have to offer flexitime by law?
In most countries, there is no legal requirement for companies to offer flexitime to employees. However, some jurisdictions may have regulations or collective agreements that require employers to consider flexible working arrangements. It is advisable for companies to offer flexitime as it can improve employee satisfaction and productivity.
What does amended mortgagee mean?
An amended mortgagee refers to a change in the entity who holds the mortgage on a property. This change could occur due to a transfer of ownership, consolidation of debt, or refinancing of the mortgage agreement. It is a legal modification of the mortgage contract to reflect the new mortgage holder's details.
What different kinds of careers are available in the legal profession?
There are several careers in the legal profession. They include legal secretaries and clerks, barristers and attorneys as well as judges and all require a degree of specialism in order to pursue them.
Can an emancipated 17-year-old buy a house?
Yes, an emancipated 17-year-old can buy a house as long as they meet the legal requirements for purchasing real estate, such as having the necessary funds or qualifying for a mortgage. However, they may face challenges in obtaining a mortgage due to their age and credit history. It is advisable to seek guidance from a legal professional or financial advisor before proceeding.
What is difference between Satisfaction of Mortgage and discharge of mortgage?
The two phrases refer to exactly the same thing. No need to worry, they have the same legal effect.
What are the legal rights of a cosigner on a mortgage?
legal rights of cosigner on mortgage
Does Louisana require a survey for mortage purchase?
Louisiana does not require a land survey as a legal requirement for purchasing a mortgage. However, lenders or title companies may still require a survey to ensure the property boundaries and any potential issues are identified before finalizing the mortgage.
Why do banks prefer legal mortgage to equitable mortgage?
Equitable mortgages are legal.
What is the Legal framework for mortgage in Nigeria?
what is the legal frame work for mortgage of land in nigeria
Is it illegal for mortgage companies to require you to carry flood insurance if you are in zone x?
Yes it is legal. You probablly agreed to it when you signed the finance note.
Do all states require a homeowner to carry homeowners insurance even afer a house is paid off?
No, Not a single one of them. There is no legal requirement in the U.S.A. for homeowners insurance. If there is still a mortgage on the home though, insurance is almost certainly required by the mortgage contract, but this is a contractual obligation, not a legal requirement.
What is the satisfaction of a legal claim?
Redress
What is satisfaction of a legal claim called?
redress
Legal age to sign mortgage documents in Michigan?
In Michigan, the legal age to sign mortgage documents is 18 years old. Minors are not legally able to enter into a mortgage contract on their own. Any individual under the age of 18 would need a legal guardian or parent to co-sign the mortgage with them.
Is it legal to borrow money to pay off an others mortgage and require them to pay back as a loan?
If you have the means to borrow money, you may spend that money in whatever manner you choose. The important question should be: Is it wise to pay off another persons mortgage? NO. If they cannot pay their mortgage they probably cannot pay you either.
What is legal mortgage?
The legal mortgage in land registry transfers the estate or interest in land or other property for securing the repayment of debt.Since the legal title can only be transferred once by the current owner(mortgagor) to a mortgagee,it follows that only the first mortgage can hold this distinct status.A legal mortgage is therefore a document in which the direct conveyance of title is involved subject to the repayment of a debt.
