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Can domestic corporation acquire a real estate property?
Yes. Corporations acquire real property all the time.Yes. Corporations acquire real property all the time.Yes. Corporations acquire real property all the time.Yes. Corporations acquire real property all the time.
If your mother put her house in her son name and she died does her other children have rights to their share of home?
Generally, if your mother conveyed her real property to her son before she died and she was legally capable of doing so then the property belongs to him. The other siblings would have no right in or to the property.
Are mineral rights considered real property?
Minerals in the ground are treated as real property, but, after removed from the land, they become personal property
What is another name for real estate agent?
Property Dealer, Property Consultant and Property Agent.
Personal property that is included with real estate is called?
A person's real property and personal propertymakes up what we call their estate.
What happens to real estate when someone dies without a will and can a child take a loan out on the house to pay his sibling their share of the inheritance?
The titling of the property detemines whether or not it is subject to probate procedure. No property can be sold, refinanced, distributed, transferred, etc. until it has been ruled exempt from inclusion into the estate of the deceased.
Can an inheritance be relinquished from one sibling to another?
Yes. You should seek the advice of an attorney who specializes in probate to make certain the title to the property is transferred properly. In some jurisdictions a deed must be executed to transfer title to real property effectively.
What is the process for buying out a sibling's share of an inherited house?
The process for buying out a sibling's share of an inherited house typically involves negotiating a fair price with the sibling, obtaining a property appraisal, and drafting a legal agreement outlining the terms of the buyout. It may also involve consulting with a real estate attorney or mediator to facilitate the transaction and ensure all legal requirements are met.
Can your wife give her inheritance that she received from her father to you?
Yes. If the inheritance includes real property she must transfer title to you by a deed after the estate is probated.
How do you obtain property by aquisition?
Acquisition is the act of procuring something. Generally, real property is acquired by virtue of an acquisition deed. However, acquisition of real property can occur by other means such as foreclosure, taking, court order and inheritance.
What is property acquisition?
Generally, property acquisition refers to a person or other entity acquiring title to real property by a deed. A deed is the legal instrument used to transfer ownership in real estate. Real property can also be acquired by inheritance and by a court order.
If an individual inherits either real or personal property must they pay an inheritance tax?
No. If any inheritance tax is due it is paid by the estate prior to distribution.
What has the author George A Slater written?
George A. Slater has written: 'Reforms in the New York law of property' -- subject(s): Inheritance and succession, Personal property, Real property
If an individual gives property either real or personal to a beneficiary the beneficiary must pay an inheritance tax?
fiscal
What is property that descends to an heir called?
A gift of real property by will is called a devise.
Who is a man that inherits property?
A man who inherits property is referred to as an heir. As an heir, he is entitled to receive assets or wealth from a deceased family member or relative based on the legal principles of inheritance and succession. The inheritance typically includes real estate, financial assets, and personal belongings.
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.
