One way to avoid foreclosure is to sign a deed in lieu of foreclosure, also known as a “deed in lieu.” When you sign a deed in lieu on a second home or vacation property, you might be…
When two or more people own real estate and their deed gives them no right to survivorship, they hold the property as tenants in common. Under Ohio law, when each owner dies, his share of the property…
Many families own multiple homes, one being a primary location and others being either rental or personal vacation properties. Ownership of these properties is signified by a deed. As a result, a name…
As a married person, you can typically take out a mortgage without your spouse signing the loan as a co-borrower. However, while your spouse doesn't have to agree to take on the loan, your spouse may…
A deed is the written document or instrument used to convey interest or title in real estate from the grantor to the grantee, and a quitclaim deed is a common type of deed. The term to “quit…
A mortgage and a deed are two entirely separate entities. It is possible to give or receive a deed to a property without regard to any liens encumbering the property. If you want to deed your property…
It is less expensive to accept a deed in lieu of foreclosure if you financed property for someone. The deed in lieu allows you to take possession of the property without taking the purchaser to court,…
It's not unusual for someone to add a spouse's or child's name to a mortgage deed. Including another person's name on the deed gives this person partial ownership of the property. This individual can…
When a person dies, his property will be transferred to his heirs, according to the stipulations left in his will or trust. If no will or trust was created, the probate court will get involved and…
Deeds and titles are both documents related to ownership of property and assets. When a person dies, his death certificate can be classed formally as deed. This may seem a little counterintuitive, due…
When you take out a home loan, the mortgage documents you sign often include a number of different riders. In the lending arena, riders describe the optional features of the loan. If you finance a…
A deed of sale, sometimes referred to as a "transfer deed," evidences ownership in a piece of property. If you have a deed of sale on a property, you are the legal owner of record. You must be the…
Newberry County, South Carolina, is a small county located northwest of Columbia. A teacher's salary in Newberry County is dependent on her level of teaching. The U.S. Bureau of Labor Statistics…
Properties are generally owned through titles, and ownership is changed or dispersed through a variety of deeds that are involved when creating trusts, mortgages and other key financial processes that…
If you own property that abuts, or shares, a common boundary with an abandoned property, you may be able to file for abandonment on that property. Abandonment means that the property owner has given…
A deed is the legal instrument required to transfer ownership in real property from the grantor, or "the seller," to the grantee, or "the buyer." Mississippi has specific requirements that must be met…
Encountering deed restrictions is frustrating if you want to build, expand or change the placement of structures on your land. A deed restriction is a legally-binding rule a prior owner placed on the…
When you sell a property or when you want to give it to someone else, you must transfer ownership of the property into the other person's name. To make this possible, you need to use a property deed.…
A quitclaim deed is a type of deed that allows one owner of a property to transfer his ownership interest to someone else. The person literally "quits claim" to any ownership of the property. Though a…
Having a joint mortgage or owning other real estate property with someone can prove advantageous until one party member wants to take his name off the deed. Fortunately, there's a process to help…
Deeds are legal documents that convey property ownership between two parties. The two most common types of deeds are warranty deeds and quitclaim deeds. Quitclaim deeds are commonly used between…
If you are a Texas homeowner experiencing trouble with your mortgage, do not hesitate to seek help. Whether you need to refinance or modify the loan, or need help paying a past-due balance, assistance…
When your parent dies, it may be necessary to get property she might have owned into your name. This is a relatively simple process, but regardless of what your parent's will says, you must change the…
Although some people call the document that quickly transfers property ownership from one party to another a quick claim deed, the legal term is actually quitclaim deed. Quitclaim deeds are issued…
If you write a will completely by hand and sign it, it is called a holographic will. California, like other states, accepts holographic wills as valid under certain conditions. These wills must be…
Texas allows holographic wills, or wills that are completely handwritten, pursuant to Section 59 of the Texas probate code. Contesting the validity of a holographic will must be done in a Texas…
It is not possible to transfer a car loan from person to another by any official means. When a borrower is given a loan for an automobile, that loan is intended for them and them alone, and they are…
Banks do not allow car loan transfers for various reasons. Loan terms are based on credit history and income; the person you want to transfer to likely has a different credit score, history and income…
The transfer of property during divorce depends upon whether a couple lives in a community property state or an equitable distribution state. Many community property states will divide marital assets…
Quit claim deeds are the same in Kansas as in other states. When selling a house or conveying property with a deed, the most common type is a warranty deed. Warranty deeds typically contain covenants…
Purchasing a home involves signing a great deal of paperwork and documentation. Perhaps the most important document involved in the entire transfer is the deed. Deeds complete the transfer of…
Quit claim deeds function to convey property ownership rights without offering a warranty to the grantee, or the person receiving the title. This means that the grantor -- the person giving up the…
Many states assess a tax on the transfer of real property. Generally, the tax rate is based on the sale price of the property. Payment of this tax often enables the seller or the buyer to obtain…
A piece of property can be bought and sold multiple times. Each time ownership changes hands, a deed must be executed to complete the transfer. Depending on the terms of the conveyance, such as a…
When a person receives property under a will, generally no deed is drawn up. Instead, the personal representative of the estate completes and files an affidavit with the county recorder's office. The…
Quitclaim deeds generally allow someone to transfer property to a new owner without any legal guarantees that they have clear ownership of the property. The typical quitclaim deed is either devoid of…
A second home mortgage rider requires the borrower use the property for their personal use only. Renting the property would be a violation of the loan terms and cause the borrower to be in default of…
Two types of general taxes on real property exist throughout the United States. Property taxes are assessed by the state, county, or local municipality based on the value of the home and surrounding…
Access to Henrico, Va. property records is maintained by an external service provider, International Land Systems. In order to gain access you must subscribe to the system and send an application to…
When filing for divorce, many couples find themselves in a precarious position when it comes to dividing up their property. One of the most common issues is figuring out how to separate the ownership…
The State of Florida requires that a deed be filed for each real estate purchase or transfer of property. Since property taxes are assessed and paid on a county level, the clerk and recorder for the…
A trust is a legally created entity designed to protect the assets of a deceased or disabled person. The trust is cared for by a trustee, and designated amounts of trust funds are distributed to…
The nature of land makes it challenging to provide notice about ownership of a particular parcel of land. You cannot pick up and physically possess land as you can other possessions, such as a…
Quitclaim deeds are often used when the parties are familiar with each other and the land at issue. Often, in a divorce or an estate proceeding, a quitclaim deed is used to make a transfer in title.…
Deeds are legal documents that transfer ownership from one person to another. In transactions in which both parties know each other well and know the land at issue well, a quit-claim deed is used to…
In real estate, the term deed refers to the legal document that transfers ownership of property. In California, the county clerk is responsible for recording deeds once they are completed and…
A covenant is a legal term that is used to describe any number of promises or obligations between two parties, expressed in written form. Most contracts include a variety of covenants. A deed,…
A property deed is a piece of paper or document identifying the owner of land or a home. It also references the location. There are a few different reasons why the ownership of the property would…
Thousands of houses become available every day. The key is to know which banks own which properties instead of searching for different ways to find bank owned properties. Most banks hold the titles…
A quitclaim deed is used by an individual, the grantor, to relinquish his rights to a piece of real estate for which he previously had ownership and transfer them to another individual, the grantee.…
Passing down the family farm is often more complex than simply writing out a will that transfers the farmland into the hands of the next generation. If more than one child must share the land, then…
There are different ways to claim property and demonstrate ownership. Many jurisdictions accept quitclaim deeds that describe a property transfer from a current owner to a grantee. Deeds are not all…
A deed is a document that demonstrates ownership for a piece of property, usually land or a house. These deeds may be transferred from person to person. Deed ownership can be transferred through the…
The Internet is flooded with information about how to remove a spouse from an existing mortgage in case of divorce. This article will focus on how to remove a spouse from an existing mortgage without…
When a piece of property is totally paid and duly recorded in the public records, the owner of record can do anything within the law with it. The uniqueness of a deeded property lies in the fact that…
Property records such as property deed information are a matter of public record and therefore are accessible to the general public. Many counties in the United States have this information digitized…
A deed is a legal certificate that is commonly used to establish ownership of a portion of land. In most parts of the world, a deed also bestows certain privileges and rights of possession upon the…
A house title is evidence of the right to possession. It is often made out in the name of the person who is living in the house. Homeowners may wish to transfer a house title to a different person for…
The form quick claim deed is actually a document used when referring to mortgage property or life property. An owner of a property can use this form to relinquish her right to interest accrued on the…
A quit claim deed is a document signed by one or more owners of a property. If you are an owner of the property as stipulated on the warranty deed, the quit claim deed allows you to relinquish your…
You might be interested in finding sold properties in Massachusetts that are comparable to property that you are interested in buying or selling. Should this be the case, these steps will help you to…