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Yes, a person can live in a property with a caveat on the estate, but the caveat indicates that there is a claim or interest in the property by another party. This can affect the owner's ability to sell or mortgage the property until the caveat is resolved. It's important for the property owner to understand the implications of the caveat and address any underlying issues to ensure their rights are protected. Legal advice may be necessary to navigate these situations.
What else can I help you with?
Can a real estate broker give a percentage of his commission at closing to a non real estate license?
The answer to this depends on the state in which you live. Often times a broker will give a small percentage of commissions to an assistant for duties performed and that is fine. But in some states a license is required to received an money associated with a commission.
Does rush linbaugh live at 340 royal palm way palm beach Florida?
CORRECTION: Rush does not live at 1295 N. Ocean Blvd. That house is about as big as the guest bathroom at his estate up the road at 1495 N. Ocean Blvd.
Which companies offer Wills and Estate Planning?
Virtually every law firm in the local yellow pages will offer those services, and if you live in a big enough community, the yellow pages may even have a separate listing for ones that specialize in estate planning. There are also many online legal services that can help with this, like legalzoom or rocket lawyer.
Are there any Forestry companies owned by anybody overseas?
It depends where you live. Every forestry company is owned by somebody overseas to someone.
Where does peter Jones entrepreneur live?
Buckinghamshire Peter Jones lives in Fulmer, Buckinghamshire. Just off Black Park Lane- big estate he has 1 main house and about 4 smaller ones there. He also has a houses in Beaconsfield, on Burkes Road but he has sold that now.
Do i have to live in the house in a life estate?
You do not have to occupy the property. You can lease it to someone else if you wish.
Can someone explain what lifetime rights are in complete detail?
Rights based on the life of an individual are typically referred to as a life estate. It means the individual has rights to use or live in a home for as long as they live. There is always someone that gets the 'remainder' of the items, the person who gets what is left after the holder of the life estate passes away. A life estate can cause problems if the holder or the remainderman wants to sell or lease the property.
Where does June brown live?
Someone said she lives on The Webb Estate same as Francis Rossi, and she has been spotted in Tesco at Purley Cross.
Does executor of estate have right to live in house that is being sold in the estate?
They can live in the home if it is to the best interests of the estate. They need to pay the appropriate rent in the process.
Can you be an executer for someone if you live in a different state than they do?
Yes. It can be more difficult, because the court visits have to be in the state that is probating the estate, but it is often done.
Do you have to live in the house you have a lifetime estate to?
No, you do not need to live in the house to have a lifetime estate, but you typically retain the right to live in the house if you choose to do so. A lifetime estate grants you the right to use and enjoy the property during your lifetime.
What happens when someone is given a life estate to a property but they refuse to live there and fail to upkeep the property and fail to maintain the property they do not even have electric?
they lose the house
Where did the people of the third estate live?
The 3rd estate represented the bourgeoisie, meaning the commoners.
When was Live - Sunny Day Real Estate album - created?
Live - Sunny Day Real Estate album - was created on 1999-10-19.
What is the difference between a will and a life estate?
A will is a legal document that outlines how a person's assets are to be distributed after their death, while a life estate grants someone the right to use and enjoy a property during their lifetime. In a life estate, the individual has the right to live in the property or receive income from it, but ownership reverts to another party upon their death.
Can you bequeath fortune to someone?
Only if it's your fortune. You can leave a will specifying how your estate should be divided. Depending on where you live, there may be some restrictions.... for example, you may not be able to exclude a spouse or child from your will, or you may have to explicitly do so (in some places, if someone who has a "natural right" to a share in your estate... such as a spouse or child... isn't mentioned at all, the state probate court will assume it's an oversight and grant them a share in the estate anyway).
What is a caveat over land?
Hi, i live in New Zealand and am a Property Valuation student (in some countries this is called a 'valuator' or 'appraiser'. Be warned that dependin on where u live these legal terms may have different definitions.some definitions for 'caveat' that i found on wikianswers:A warning or caution: "A final caveat: Most experts feel that clients get unsatisfactory results when they don't specify clearly what they want" (Savvy).A qualification or explanation.Law. A formal notice filed by an interested party with a court or officer, requesting the postponement of a proceeding until the filer is heard.a definition from Bayleys Real Estate (a large property realtor in NZ): 'a legal document which, when lodged with the Land Registry Office, gives the caveator the opportunity of protecting an existin right or of establishing an existin claim in property'. (property probably in the terms of property rights, not simply physical real estate). ...'the most common form: caveats against dealings in the land concerned. in effect, while the caveat is in place, it forbids any dealings in the land from being registered'my idea of what it is: maybe 'dealings in the land' relate to mortgaging, sellin, buyin or using it as collateral for a loan?i know this is an incomplete discussion but i anyway!cheersfrankie
