Real Property Legal Questions and Answers
Is a 'beneficiary deed' a legal term or is it used to denote transfer of property to a beneficiary?
Is a 'beneficiary deed' a legal term or is it used to denote transfer of property to a beneficiary either by quitclaim or by warranty deed?
02/07/2009 | Category: Real Property » Deeds | State: Florida | #15192How would I transfer my parents deed to me and my sister?
I need to know how to transfer a deed from parents to children. My parents owner financed their house which is not paid off yet. They want to transfer the deed to my sister and me. Would my parents be considered the grantor or the person that financed the home?
02/06/2009 | Category: Real Property » Deeds | State: Texas | #15181What is needed to ensure that I inherit my aunt's home without probate or taxes?
I currently hold title to a home with my elderly aunt as joint tenants with right of survivorship. In Arizona, I have been told that a beneficiary deed is necessary for transfer of this home to me upon her death. I am told that without such deed, the stepped up value of the home would be subject to capital gains tax. The home was valued at $400,000.00 when first purchased an...
02/06/2009 | Category: Real Property » Deeds | State: Arizona | #15173What form is needed to add my name to my parents deed?
If my parents would like to add my name to the deed, what do they have to do and is there a way I can change the deed my self to save money? My lawyer wrote me the following regarding the deed change: 'Deed ACRIS documents NYC transfer tax NYS transfer tax Smoke alarm affidavit All the documents will need to be executed and notarized Once executed and notarized they need to be ...
02/04/2009 | Category: Real Property » Deeds | State: New York | #15149What are the differences for a home buyer, between a trustee's deed and a warranty deed?
What are the differences for a home buyer, between a trustee's deed (bankruptcy proceedings) and a warranty deed? Does the buyer have less ownership or fewer rights on the purchase? Are the trustee and the court required to guarantee there are no other liens on the home, or could another of the seller's creditors lay claim at any time after purchase? In other words, what are...
02/03/2009 | Category: Real Property » Deeds | State: North Carolina | #15138What forms are needed for my wife to deed her part of the home to me?
My wife and I have been separated for three years. I am taking over the mortgage payment. She has agreed that I can do a quitclaim on the home. How can I do this? Can she deed the house over as a gift? What forms would I need and how can I get them?
01/24/2009 | Category: Real Property » Deeds | State: Texas | #15061What form is needed to deed my parents land to me since they are elderly?
My parents, older, concerned they may end up with medical bills or nursing home bills that will cause their property to be lost and want to insure that won't happen by 'deeding' it to me, their son. The question we have is: In Tennessee, how much time between when the property is deeded and a event such as hospitalization or nursing home for a lifetime estate type plan to lega...
01/23/2009 | Category: Real Property » Deeds | State: Tennessee | #15052How can I sell a property I purchased at a tax sale?
We applied for a deed to a property that was delinquent in taxes for 4 years. We now have the deed to the property. What should we do next? We would like to sell the property as soon as possible.
01/22/2009 | Category: Real Property » Deeds | State: Colorado | #15041What would happen to property my deceased mother purchased jointly with my sister and her husband?
My sister, her husband, and my mother bought land together. It was not stated that they were tenants in common or with rights to survivors. This was a private seller, no bank involved. However, in paragraph 10 of this agreement it states 'this contract shall be binding on the respective heirs, executors, administrators and successors of the parties.' My mother died in 1997 ...
01/21/2009 | Category: Real Property » Deeds | State: Florida | #15032What documents are needed to show that I now own property that was willed to me?
I am the surviving joint tenant of two 40 acre parcels. A total of 80 acres. I have the original Trust Deeds and the original Full Reconveyances. I also have the certified death certificates for the deceased joint tenants. I want to accomplish two things. (1) I want to file the proper documents to show myself as the sole owner. (2) I want to add my living children as joint te...
01/19/2009 | Category: Real Property » Deeds | State: California | #15026