A disclaimer of property interest is not usually necessary for a spouse to retain possession of bequeathed property for the purpose of selling the property after final disposition of her deceased…
Owning a property with someone else can pose challenges. If you hold title with a spouse, a divorce may force you to split the equity. If you have an investment with a business partner and the…
A mobile home owner who rents a lot from a Canadian landlord is not protected under the same landlord tenant laws that that tenants in other forms of residences are. Due to the nature of the…
Many people dream of owning a million dollar home or a private jet, but never come up with enough money to pay for them. With the process of fractional selling, the average person can get involved…
Unrecorded documents are legal documents that have not been filed with the appropriate government office. The most common types of unrecorded documents that concern issues of ownership are unrecorded…
A lease's expense provisions provide landlords financial protection to the detriment of tenants. These provisions allow a landlord to pass a greater segment of the building's operating expenses to the…
When a property changes ownership, a deed is used to complete the transfer. Deeds are then filed on record with the county clerk. Some states require additional transfer forms to accompany deeds…
Known as a probate conservatorship, California law allows people who can no longer handle their personal or financial matters to appoint someone else to take control. Under this agreement, the…
When you break a lease on a house in Florida, you are still financially responsible for rents on the property. Not paying rent agreed upon on your lease agreement gives your landlord the right to sue…
Although both commercial and residential rental landlords can use lease provisions in their leases allowing landlords the right to automatically renew their tenants' leases, they must comply with the…
If you want to leave property, such as a house, to your heirs after you die, usually they have to wait for the probate process to be complete before they can get the property. However, Kansas allows…
Like other parts of the country, New York City requires you use a deed if you want to convey title to your property. You'll also have to pay the city a fee for transferring title, then record the…
In Florida, the landlord-tenant law protects renters with or without a lease. If you rent a home or apartment without signing a formal lease, you may still have a verbal agreement that specifies both…
Virginia's Residential Landlord and Tenant Act does not explicitly protect renters from a disturbance related to neighbors smoking. However, you may have some form of recourse if you can prove that a…
The most common form of an undivided ownership interest in real estate is with joint tenancy. Joint tenants each own an undivided interest in a property with right of survivorship. Married couples…
An undivided property is not just a property that has not been subdivided into different sections. It is usually one piece of property, owned by more than one person, in which all owners have an…
The proper legal document to transfer a deceased spouse's property to the surviving spouse is an executor's deed. The estate executor, under the supervision and direction of a state probate court, has…
A deed of trust is a deed wherein legal interest in real estate is transferred to a trustee. The trustee holds the deed of trust as security for a loan between a borrower and a lender. If the interest…
A majority owner can buy out another owner with a minority interest as long as the minority owner agrees to the transaction. A formal purchase contract must be signed by all parties, and a transfer…
Florida Statues Chapter 83 provides three sections on landlord-tenant law. Part I is for nonresidential tenancies, and Part III is for self-service storage space. Part II is what you are concerned…
In a contract for deed, a buyer purchases a property directly from the seller, who keeps the deed in his own name as collateral. Although there is debate about whether a contract for deed defines a…
The Pennsylvania Code requires a landlord to install a smoke detector on just about every flat surface in a rental property. The goal of a multiple smoke detector system is to achieve redundancy so if…
Fractional ownership is an arrangement in which multiple individuals buy a property and own partial shares of it. This is commonly used to purchase vacation homes in high-end areas. Fractional…
To convey property means to transfer ownership rights to a piece of real estate from one party, the grantor, to another, the grantee. Depending on the situation, a number of different types of deeds…
Michigan passed the Essential Insurance Act of 1979 in response to an insurance market that made it hard for state residents to find affordable homeowners or automobile insurance. A court ruling on…
State laws govern the respective rights and duties between landlords and their tenants. In Washington, the Revised Code of Washington, Title 59, establishes their rights and duties. Chapter 59.18 of…
After the seller-financed term of a contract for deed has been successfully completed and the balance due paid by the buyer, the deed, which was held by the seller and used as collateral, is…
A person leaves an estate behind when he dies. The property in that estate usually passes to a person's beneficiaries in accordance with his will. However, in Texas, not all property can be included…
A lease is a binding contract between a landlord and tenant that gives the tenant the right to occupy property in exchange for rent payments. The lease lists each party's rights and responsibilities,…
Providing a simple way for your beneficiaries to receive your assets when you die is one of the primary objectives of estate planning. While you can use trusts and other estate planning tools, one of…
States that use a deed in trust in place of a mortgage document to secure repayment of a loan use the reconveyance document to transfer the title from the trustee to the borrower after the loan is…
Being a landlord is a tricky proposition, especially in cases where you have to evict a tenant or when a tenant abandons personal property in the rental after moving out. The primary consideration for…
Until a homeowner pays off his mortgage, his lender technically owns the property, and it must pay property tax assessments. Usually these costs are rolled into a homeowner's mortgage payments,…
Car leasing is not for everyone. It depends on each individual's needs and goals. While lease payments may be lower than loan payments, it can become very expensive if you need to terminate an…
How a lease is terminated depends on several factors, including the type of and wording in the lease itself; federal law; state laws associated with evictions; local laws associated with rent control…
Changing the ownership in a deed of trust requires a grant deed signed by the individual who is lowering his interest on behalf of another individual. A grant deed is a one-page form that has the…
Buying a home or parcel of land comes with ownership rights. These ownership rights are not absolute, nor exclusive. Real estate laws are complex and may be difficult to understand. One basic fact is…
Mortgages can be created by one or more people, just as houses can be owned by one or more people. This is known as joint ownership, a common method by which responsibility for the mortgage debt is…
When interested in buying a house it is sometimes necessary to find out basic information about the current property owner. Since property ownership is a matter of public record, you can check for…
Selling a property is a complicated enough process when only one owner is involved. You must fix the home up, decide on a starting price and field offers from potential buyers. You also must work…
When you buy a piece of real property, you could hold the title to it in a number of ways. How you hold the property could affect who has to agree to a sale as well as how the property passes at…
The title is the biggest caveat of all in land contract deals, commonly referred to as contract for deed arrangements. In a land contract deal, the seller, or vendor, finances the purchase for a…
Chino is located in San Bernardino County, California, and according to the U.S. Census Bureau, it had a population of more than 79,000 in 2006. Someone looking to find the owner of a property in…
The Maryland Landlord-Tenant Act, contained in Real Property, Title 8 of the Annotated Code of Maryland (ACM), outlines the responsibilities and rights of both landlords and tenants with regard to…
How you take ownership of real property, a process also known as "vesting of title," affects who is capable of signing any documents or transactions that may affect ownership and title status of the…
The Washington Residential Landlord-Tenant Act is codified in Title 59, Chapter 59.13 of the Washington Revised Code. The act covers all residential rentals between landlords and tenants except for…
In Scott County Minnesota, official property records are kept online and information about property ownership is accessed through their website. Other information, such as the appraised value and lot…
The state of Virginia allows tenants and landlords to mutually enter into a contractual agreement with relatively few legal restrictions. Tenants have few legal remedies if the landlord wants them to…
Florida statutes outline the rules and responsibilities of both landlords and tenants in regard to residential leases. Neither the landlord nor the tenant can terminate a property lease earlier than…
The Nevada Fair Housing Law, which applies to any property-related transaction, prohibits landlords from discriminating against potential or current tenants. The Nevada Residential Landlord and Tenant…
Know your rights as a Florida tenant if your landlord terminates your lease. You can protect your interests better if you clearly understand your rights. Learn what constitutes a valid reason for a…
Early termination of a rental agreement is a breach of contract, and your landlord has the right to take legal action to recover lost income. However, circumstances such as job loss, relocation and…
Transferring the ownership of land involves placing the deed under the control of the new owner. Deeds to properties are handled differently depending on the state involved. Minnesota was originally a…
Tenancy laws vary from state to state and if you rent, you should always be aware of relevant law where you live. If you are in a bad situation with a landlord in Alabama, knowing Alabama's lease…
Florida renters who are stuck in a bad apartment may wonder how to get out of their lease. Fortunately, Florida law provides some options for renters who are unhappy with their living arrangements.…
A California Limited Liability Company, or LLC, offers advantages to businesses. One of the most important features of an LLC is the protection from claims of liability and business debt. If your LLC…
"Tenants in common" refers to the joint owners of a tenancy in common, a type of real estate ownership that grants parties divided ownership by shared possession. Florida law makes tenancy in common…
When you own a piece of property, a few different methods of ownership can be used. One of the most common ways that property is held is in a joint ownership agreement. With this type of agreement,…
A mortgage is a secured loan, which means it is backed by an asset -- in this case, the house itself. This lowers risk and gives the lender the confidence to make the loan. But secured loans are not…
When purchasing property, one thing you should think about is how you will hold the title. This is especially important when more than one person, such as a married couple, have joint ownership of the…
Leases are legal contracts between landlords and tenants for a specific period of time. Terminating the contract early is usually forbidden, as it would violate the agreement; however, many leases…
Your leasing bank ultimately determines if you can renegotiate your lease; some banks may choose not to renegotiate lease terms if you've already signed your contract. If you haven't signed the…
A landlord's rights in Shreveport, Louisiana, are governed by the Louisiana Civil Code. Landlord-tenant law is the same throughout the state, with a landlord's rights springing primarily from a…
Landlord liens are an area of legal controversy. A landlord lien is when your landlord seizes your personal property in an attempt to pay outstanding rent. If your landlord has done this, you may want…
Talk with your partner about some of the issues that may arise before you purchase a home with another person. Buying a home is a big deal, regardless if it is your first or 20th home. Decide if you…
Home equity agreements are contracts detailing the terms of a home equity mortgage. Borrowers must sign home equity agreements for a loan to take effect. State and federal laws stipulate the documents…
A tenancy in common is perhaps the most basic form of concurrent interest. A concurrent interest is typically a present interest in property held by an individual that may be asserted concurrently…
Michigan law includes specific rules on what can and cannot be included in a lease agreement. It also strictly controls the process by which the landlord can collect a security deposit and the process…
The Michigan landlord and tenant law is in place to protect property owners and tenants involved in a rental agreement. The law covers lease agreements and the process both parties must follow when a…
Managing rental properties can be a profitable business. However, being a landlord comes with its own set of challenges and obligations. Louisiana law protects both the landlord and the tenant by…
Buying a house may be out of reach for some renters. However, there is an option that you can offer your tenants to make it possible for them to own a home. If you are interested in selling your…
Pennsylvania has a number of laws under the Landlord and Tenant Act that covers many different aspects of a landlord and tenant relationship. The majority of the laws establish lease agreement rules,…
A lease agreement between a landlord and tenant in Arizona is a binding agreement, and both parties must follow the agreement and all of the terms within it. If the tenant breaks a lease agreement,…
Almost every state accepts the legal principle of the warranty of habitability. That means that regardless of what the lease may say, the landlord is legally obligated to keep rental units livable.…
There are several ways a lease agreement may be terminated in the state of Colorado. Often, lease termination occurs because one of the parties involved in the agreement does not live up the…
Louisiana has several laws regarding the relationship between a tenant and a landlord. These laws both govern the responsibilities the landlord has towards the tenant and the rental property and…
Early termination of a Texas lease is fairly simple, but certain rules must be followed. Terminating a lease early can prove expensive if you do not follow every step laid out in your lease. When…
An ownership transfer agreement is done via a contract or other legal document, such as a title or deed. For instance, a deed is a legal document used to convey or transfer ownership of real estate…
It's relatively easy to determine ownership of a property by searching public records. Public records are usually accessible online by county or township. A simple series of steps will provide you…
Many states apply a Real Property Transfer tax to any item that is sold to another individual or corporation. These fees can also be applied when more than 50 percent ownership of a trust, corporation…
Mobile termination rates, or MTRs, are the costs charged by mobile operators for completing outgoing calls on its network. These rates vary tremendously throughout the world because MTRs have little…
Identifying the owner of a particular property can help you determine whom to approach about a sales inquiry, or prevent you from falling victim to real-estate scams. Because property owner documents…
Ownership in a tenancy-in-common is concurrent, meaning that multiple owners share certain rights in the property. Those with specific tenancy-in-common questions should seek legal counsel.
The title owner to a certain real property has the authority to transfer ownership rights to the property utilizing a deed. Moreover, property titles can be encumbered by liens, easements or…
A transfer-on-death, or TOD, account or deed allows a person to keep a piece of property, such as his home or other securities, in his name during his lifetime. The TOD account allows a person to…
There are many reasons someone may have for finding out who owns a particular piece of property. It may be for an investment, or to report a problem to the owner. Real estate ownership is a matter of…
Occasionally it is necessary to confirm the owner of a residential property. It might be a neighboring property that you need to make a formal complaint about, such as a noise violation or an…
Real estate property records showing ownership are available to the public, similar to birth and marriage certificates. There are many ways to find a property's legal owner. For example, you can…
If you are planning to buy a specific piece of private property or simply would like to know who owns that abandoned lot in your neighborhood, then you will want to verify property ownership. Real…
Shared ownership or fractional ownership is a method of getting into the housing market by purchasing part of a house outright, and paying rent on the part which is not owned.
Proof of property ownership requires a clear and unattached title to the land and improvements, such as buildings, under review. The issue can become complicated if there are tax liens on the…
Transferring the deed of your house to your children can be a beneficial process for you before your death. It can protect you from Medicare trying to put a lien on your property to collect on…
There are termination rules outlined in a lease, which is a legally binding agreement and contract. Neither party can legally terminate the lease without agreement from the other party. If justified…
With the first signs of a strained economy are sure to be homes in the process of foreclosure. There are many factors that lead to lender starting to forecloss on a home. Foreclosure can be a long…
During the housing boom and bust of the mid to late 2000s, there were cases involving sneaky "real estate investors" who claimed ownership of abandoned homes and land plots that they did not actually…