Real Property Legal Questions and Answers
What Forms Do I Need to Sell a Half Interest in My Property?
I own a piece of property. I still owe a sum to the bank which is paid monthly. My son in law wants to take over the payments for 1/2 ownership in the property. What type of contract should we sign to make this a legal contract? Also what happens if the property is sold before he has made his obligation to pay for his obligation?
01/05/2011 | Category: Real Property » Sales | State: Florida | #23942Can I Hold a Seller Liable for Expenses for Not Disclosing They Had a Double Escrow?
I was trying to buy a rental property and the day before the schedule closing date the title company discover that the seller was doing a double escrow. Due to this information the lender did not found and after looking for other lenders I still could not get financing for the same issue. So I would like to get reimburse for the inspection and appraisal fees since this informat...
12/29/2010 | Category: Real Property » Sales | State: Arizona | #23898Can My Family Take Out a Mortgage for Me and Then Transfer the Deed to Us??
My parents got our home loan and lived with us for a couple years until they built a smaller home on the same property. Due to my husbands previous marriage and his x wife's failure to get a home in Vegas out of his name, we cannot qualify for the loan. The loan is in my dad's name but we need to somehow get the home in our name for tax purposes and to protect him. Can he ow...
12/18/2010 | Category: Real Property » Sales | State: Missouri | #23839What Can I Do With a Timeshare I Can't Afford?
We own a time share in Arizona. We paid 13K. They raised the maintenance from 600 to 900. They will not take the deed. They said if we send it they will not receive it. They said if we stop payments they will take us to court. No one will buy it. We have tried to give it away. We are desparate. What are our recourses???
12/14/2010 | Category: Real Property » Sales | State: Texas | #23819Are All Real Property Home Sales in Florida Dual Listings?
are all residental listing contracts duel listings ie;listing office represents both seller and buyer
11/10/2010 | Category: Real Property » Sales | State: Florida | #23607How Do I Avoid or Minimize My Liability for Taxes on Inherited Property?
I live in a house that was owned by my grandparents. It is mortgage free and valued just below $1 million. My father owns the title but would like to transfer ownership to me. As the house has been in the family for over 70 years, I have no plans to sell, but would like to know how to avoid major tax implications in the transfer of ownership. Is inheriting, quit claim, or g...
11/02/2010 | Category: Real Property » Sales | State: New York | #23534What are the Exemptions From Transfer Tax in New York?
Does a quit claim transfer from an LLC to the individual who owns the LLC, incur a transfer tax?
10/25/2010 | Category: Real Property » Sales | State: New York | #23486Can I Buy My Elderly Mother's Home Without the Consent of My Siblings?
i would like to buy my elderly mother's home. she is 82 years old. house has been paid for. she is having difficultly paying for upkeep of house. i have two brothers and one sister.
09/26/2010 | Category: Real Property » Sales | State: Rhode Island | #23258What Are the Consequences if I Delay the Closing on a House Sale?
We recently sold our home and need to be out in 30 days. At the time of signing the contract with the buyer we stated to our realtor that we would need to be flexible on the closing. She agreed, but states we have to be out even though we have not found another place to live. Can we back out on the sale without problems? Can a judge force us to sell, and what can the legal rami...
09/22/2010 | Category: Real Property » Sales | State: Florida | #23234Can I Return a Home I Bought Due to Construction Defects?
I purchased a newly constructed home in December 2009. It is still under the one year warranty. It has had one problem after another. Leaks, faulty pipes, air conditioning problems, nearly every month something is wrong. Is there the equivalent of a lemon law for a home? I am miserable and hate this home. I have it on the market but there is now another problem and I'm wond...
09/19/2010 | Category: Real Property » Sales | State: Texas | #23209