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What is the law when a habitat for humanity homeowner dies soon after home purchase with no will?
Well, sugar, when a Habitat for Humanity homeowner kicks the bucket without a will, things can get a bit messy. The property will typically go through probate court to determine who inherits it according to state laws. It's always a good idea to have a will in place, so you don't leave your loved ones dealing with a legal headache after you're gone.
What else can I help you with?
Do you have to hire a lawyer to purchase a relative's mineral rights?
It might be wise to. A lawyer will check that the relative has the right to sell the rights, and that there are no mortgages or loans on the property - which could come back to bite you after the purchase. A lawyer would also make certain that your purchase was legal and could not be contested by any other relatives who might try to make a claim on the property when the selling relative dies.
What happens to a patent when the owner dies?
When a patent owner dies, the patent is typically transferred to their estate or heirs. The estate or heirs can then decide to maintain or sell the patent rights.
Why would someone have to put a house in probate to inherit it?
Putting a house in probate is necessary after the homeowner passes away if there is no living trust or co-owner named. This legal process ensures that the deceased's assets, including the house, are distributed according to their will or state laws. Probate is required to transfer the property title to the rightful heirs or beneficiaries.
Can a spouse change a will after her husband dies?
No, a spouse cannot change the deceased husband's will after he dies. The will becomes irrevocable upon the death of the testator. Any changes would need to go through the probate process.
What happens if your father dies your parents are divorced and he just purchased a travel trailer and still owes on it... are we responsible for it?
When a parent dies, a minor child is not held responsible for the payments of a purchased item. If the item was purchased after a divorce has become final, the ex spouse is not responsible for the purchase either.
How do you define reverse mortgage?
A reverse mortgage is defined as a type of mortgage in which the homeowner is allowed to borrow money against their house's value. The repayment is not required until the home is sold or the homeowner dies. The house is basically collateral, and has to be sold to pay the mortgage when the homeowner dies.
What habitat dies a sunflower live in?
Warm habitats
How is global warming become a threat humanity?
because if the world dies we die
Does an octopus immigrate from habitat to habitat?
A octopus or anything similar to it does not move from habitat to habitat. I was suprised when i heard it didn't migrate because I always thousht it did. What an octopus does is it stayes around the habitat it was born in, and it will stay there until it dies.
Can i be sued if someone dies driving my 4 wheeler?
There are a lot of factors involved and the short answer is: maybe. If someone dies driving your 4-wheeler, it is possible that Homeowner's Insurance is liable and they can possibly have a case against you.
What happen to leech when salt is put on them while some live in marine habitat?
When people put salt on the leech the leech dies and the marine leech will survive in the marine habitat.
Can you describe to me what a reverse mortgage is?
A reverse mortgage is an instrument that uses the equity in a senior citizen's house to provide him or her with income. Once the homeowner dies, the lender gets the house.
What happens when the homeowner dies and has PMI insurance before the mortgage is paid in full?
PMI has absolutely nothing to do with the death of a home owner. There is no benefit to the PMI in this situation. A Mortgage Life Insurance policy would be of great benefit as it would pay off the mortgage on the house at the death of the homeowner.
If there is a balance owed on utility bills after a homeowner dies is the new owner responsible for the debt?
absolutely not, the new owner has nothing to do with it, any monies owed will come out of the estate of the person who died.
What is a reverse mortgage broker?
A reverse mortgage broker is someone who assists to qualify homeowners to borrow money against the value of their home. The mortgage payment is deferred until the homeowner dies or the house is sold.
What does a panda need that is provided by it's habitat in order to live?
by finding it, unless its ecosystem had been distroyed, then it dies
What is affect of Marine Habitat destruction to the Marine Life?
Marine life dies and goes extinct. That's what happens when where they live gets destroyed.
