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What else can I help you with?
Can a condo be purchased by a homeowner?
If a homeowner can afford to purchase a condominium, there is probably no good reason why the purchase can't be completed. However, if the two properties are within the same development, there may be restrictions contained in the governing documents about the number of residential units that a single owner can own.
Can you get insurance if your not the homeowner?
Yes, It is possible to purchase insurance on behalf of the owner. The Homeowners insurance policy must be in compliance with local law. The legal owner must be the beneficiary and must be listed as the loss payee for the insurance contract to be valid.
What is another term for a coterminous owner?
Another term for a coterminous owner is a "joint owner." This refers to individuals who share ownership of a property or asset, where their ownership interests are interconnected and exist simultaneously. In legal contexts, this can also encompass terms like "tenants in common" or "joint tenants," depending on the specific nature of the ownership arrangement.
How do you rent a property with dual ownership?
There is no ownership by a renter in a rental property. Just joint tenancy. If you are a co-owner of a rental property. in equal part, the other co-owner must agree in order to make a legally binding contract. Even if you are a majority owner, doing things against the partner's wishes is just asking for trouble.
Who is the owner of the Uninor company?
Basically its a joint venture. Sigve Brekke and Sanjay Chandra own this company.
Can you evict a joint owner from a property?
No. A joint owner has the equal right to the use and possession of the property.
Can a husband evict a wife who has cancer from the property they own?
No. One owner cannot evict the co-owner of the property.No. One owner cannot evict the co-owner of the property.No. One owner cannot evict the co-owner of the property.No. One owner cannot evict the co-owner of the property.
Can a joint owner rent a property without the consent of the other owner?
No, a joint owner cannot rent a property without the consent of the other owner.
How could you use evict in a sentence?
The owner can evict a person if he/she does not pay it's rent.
What is the procedure required for changing ownership of a jointly held flat?
One joint owner must convey their interest to the other.One joint owner must convey their interest to the other.One joint owner must convey their interest to the other.One joint owner must convey their interest to the other.
Can the joint minor make withdrawals from the account without permission from other joint owner?
I believe no
Can a guarantor legally evict a tenant?
No, a guarantor cannot legally evict a tenant. Only the landlord or property owner has the legal authority to evict a tenant through the proper legal channels.
Can one joint owner with right of survivorship pledge their joint property as collateral to obtain a loan from theother joint owner?
No, one joint owner with the right of survivorship cannot unilaterally pledge the joint property as collateral for a loan from the other joint owner without the consent of the other owner. The right of survivorship means that both owners have equal rights to the property, and any significant action regarding the property, such as pledging it as collateral, typically requires the agreement of both parties. Additionally, such an action could complicate the ownership rights and potentially violate the terms of the joint ownership.
Can a person who is not appointed executor but his attorney tells him to close out accounts?
He can if the accounts are joint accounts and he is the joint account owner. However, if he was the joint owner for convenience purposes only the other heirs should seek their share of the funds.
What rights does the beneficiary of a joint bank account have when the other joint owner is deceased?
When two individuals have a joint account together and one dies the other is the sole owner of the account. The survivor is not considered a 'beneficiary'. They have all the rights that any account holder would have in any account.
Do I as a joint person on a checking account have the right to the check book One of the owners of this account has another person with power of attorney handling the account?
Yes. As a joint owner of the account you have as much right to the account as the other joint owner.
If a homeowner is injured and may require surgery will homeowner policy cover this?
Nope, a homeowners policy does not cover the home owner.
