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How do you sell land that is inherited?
When a person dies owning real estate, their estate must be probated in order for title to the real estate to pass to the heirs legally. The estate must be probated whether the decedent died with or without a will. The property can be sold by the estate during the probate procedure once the debts of the decedent have been satisfied. If the property is not sold by the estate, it becomes the property of the heirs once the probate procedure has been completed. The heir(s) can convey the property by deed, citing the probate case as their source of title.
On America's Next Top Model what do they do with the old model houses?
Since they are usually located on prime real estate, the real estate agency in charge of the property simply rents it to another person or business.
How do you get lifetime rights?
Lifetime rights typically refer to the legal entitlement to use or benefit from a property, asset, or intellectual property for the duration of a person's life. To obtain lifetime rights, one might enter into a legal agreement or contract with the current rights holder, often specifying the terms of use and any limitations. It's essential to consult with a legal professional to ensure that the agreement is binding and clearly outlines the rights granted. Additionally, such arrangements can vary widely depending on the specific context, such as real estate, copyrights, or other types of property.
Why was Canada such a valuable property?
Real estate agents, Canadian citizens and foreign investors interested in the Canadian property market are all in agreement - as Canada becomes a more desirable place to live year on year so property investment in Canada becomes a more attractive prospect year on year. Furthermore, because property in Canada is high quality, plentiful, incredibly affordable and easy to purchase, real estate in Canada is good value across the board.
Can a child under 18 who inherited interest in real estate from a grandparent in NJ sign the deed to transfer?
No, they are not of legal age. Their guardian must do it.
What is the legal age to own real estate in Illinois?
You must be the age of majority to hold real property. In illinois that is 18 years old.
Can personal representative sell property without grantees signature?
Yes, but the grantee should make certain the personal representative has the legal authority to sell the real estate and transfer legal title to the property. The best way to do that is to be represented by an attorney who specializes in real estate and probate law.Yes, but the grantee should make certain the personal representative has the legal authority to sell the real estate and transfer legal title to the property. The best way to do that is to be represented by an attorney who specializes in real estate and probate law.Yes, but the grantee should make certain the personal representative has the legal authority to sell the real estate and transfer legal title to the property. The best way to do that is to be represented by an attorney who specializes in real estate and probate law.Yes, but the grantee should make certain the personal representative has the legal authority to sell the real estate and transfer legal title to the property. The best way to do that is to be represented by an attorney who specializes in real estate and probate law.
Is it legal for an illegal alien to purchase real estate in Illinois?
You do not need to be a resident of the US in order own property (real estate) in the country. However, the 'illegal' may find it difficult to go through the process without it being found out that they are an illegal alien.
Would a beneficiary Deed to property be legal in the State of Ga?
Generally, in order for title to real estate to pass to the heirs or devisees the estate must be probated. If a person inherited an interest in real estate a quitclaim deed from them would convey their interest in the property IF the estate had been probated. If the estate was not probated then they are not a legal owner of the property and their deed would convey nothing.
Who is a third party purchaser in a real estate transaction?
An outsider with no legal interest in the property.
What is the difference between real estate and real property?
Real Estate: This is the land and anything built on it, like houses or buildings. Real Property: This includes the land and buildings (real estate) plus the legal rights that come with owning it, like the ability to sell, rent, or use it.
How are property lawyers different than real estate lawyers?
Real Estate lawyers: deal with legal stuff around buying, selling, and renting land or buildings, like contracts and disputes. Property Lawyers: cover a wider range, handling not just real estate but also things like personal property, intellectual property, and issues related to ownership or inheritance.
What is meant by the legal description in regards to real estate?
The "legal description" of a parcel of real estate is the description carried forward in the deeds for that property. The legal description must be used for purposes of conveyance or in any other instrument that purports to affect that property such as a mortgage, lien or lease.
How do you get a corporation deed of a church building located in Brooklyn?
You need to determine the identity of the legal owner of the property and the entity that can execute a deed for that legal owner. You should consult with an attorney who specializes in real estate law.You need to determine the identity of the legal owner of the property and the entity that can execute a deed for that legal owner. You should consult with an attorney who specializes in real estate law.You need to determine the identity of the legal owner of the property and the entity that can execute a deed for that legal owner. You should consult with an attorney who specializes in real estate law.You need to determine the identity of the legal owner of the property and the entity that can execute a deed for that legal owner. You should consult with an attorney who specializes in real estate law.
Do you need a real estate license to sell your own timeshares in Missouri?
It is always legal for you to sell your own property. You only need a real estate license to sell other people's property on their behalf.
Can you act as your own real estate agent when purchasing a property?
Yes, you can act as your own real estate agent when purchasing a property, but it is recommended to have a professional real estate agent to guide you through the process and ensure all legal and financial aspects are handled correctly.
What does vest title mean?
Vest means to confer full title to real property. "Title" to real property means legal and absolute ownership. When a person dies owning real property their estate must be probated whether they die with a will or without a will. That is because title to real property, if not transferred by a deed from the owner, must be transferred by a court order. The court decree that allows the probate of an estate vests title to the real estate in the heirs. If the estate is never probated the heirs never gain legal ownership of the property and the result is a cloud on the title.
