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jerry
Moderator
Joined: 17 Oct 2005
Posts: 1778
Location: MICHIGAN
266.05 Dollars($)
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Post subject: rights of tenants in common |
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Hi TK,
As tenants in common, you have an unrestricted right and access to the property. You own half the proeprty and reserves right to that part of the property. You can even sell or take mortgage against your share in the property, if you want. Thus, I don't think your father can take you off the deed. However, since you do not have any right to survivorship, if your father dies, you will not inherit his share in the property.
Thanks,
Jerry |
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Diane Hewitt
Guest
0.10 Dollars($)
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Post subject: Building Insurance |
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I am the owner of the ground floor flat of a two storey purpose build flat.
I have been paying yearly ground rent of £42 to the agents and paying my own building insurance. I have just been to change my building insurance company and been advised that I should not be paying building insurance on a flat. Could you please help |
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Guest
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Post subject: |
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| Did they give you any reason as to why you should stop making your insurance payments? If you stop paying the insurance suddenly, the insurance company can take actions against you. |
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Henrii
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0.10 Dollars($)
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Post subject: Getting a deed in name of surviving spouse |
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| My husband died prior to putting my name on the home we lived in. He also died without a will. We live in Prince George's County, Maryland. Is there anyway to get my name on the deed at this point? |
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adonis
Joined: 22 Oct 2005
Posts: 3852
Location: ALASKA
120.89 Dollars($)
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Post subject: |
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Welcome Henrii,
You can file an affidavit of heirship at the county recorder's office and transfer the property in your name. |
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Jeanne
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Post subject: Obtaining original deed |
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| We have paid off our mortgage and it seems that neither the bank or our Recorders office has a deed to our property. Didn't they issue a deed at the time we purchased this property - so that when it was paid off we should receive a deed as proof that we own this property? |
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smithsussane
Joined: 18 Sep 2008
Posts: 3738
Location: Alaska
561.45 Dollars($)
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Post subject: |
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Hi Jeanne!
Welcome to forums!
It is quite surprising to me that you did not get the deed of the property when you purchased the property. Didn't you ask for the deed from the original seller? I guess, you need to consult an real estate attorney in this case and take his opinion.
Sussane |
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devidas_padir
Joined: 01 Mar 2009
Posts: 49
6.41 Dollars($)
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Post subject: |
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| When you purchase the property, the deed will be in between you(purchaser) and seller. Bank only have legage rights for mortgage. Their right will escape from the property as you finish with your loan with proper documentation. |
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Peggy I. Gaffe (2697
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0.10 Dollars($)
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Post subject: Transfer of property |
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| I am the executor of my late husand's estate and I wish to transfer property from our names (or survivor) to my name and two daughters. Can I do this without an attorney? |
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adonis
Joined: 22 Oct 2005
Posts: 3852
Location: ALASKA
120.89 Dollars($)
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Post subject: |
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If your husband has left a will, then that will needs to be probated. Once the probate is complete, the property would be divided according to his will.
_________________
Procrastination is the enemy of your financial sucess |
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Art
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Post subject: changing deed to house |
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| my partner passed away, his sister is solely on the deed of the house, she wants to transfer it over to me, does this involve some kind of gift tax or something? |
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brightorange
Guest
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Post subject: Property deeds |
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I am just about to pay off my mortgage, and would like to have my one and only childs name put onto the deeds, is this possible. Are there any ramifications i need to be aware of?
Thank you Kind regards Patricia. |
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savior70
Joined: 25 Mar 2009
Posts: 1422
Location: Florida
168.75 Dollars($)
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Post subject: |
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Hi
You can definitely add your son to the title to the property. You can do it through a quit claim deed or a warranty deed. But I'd suggest you pay off the loan first and then add him to the title. Adding him to the deed shouldn't be difficult. |
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busymommy247365
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Post subject: What deed do I use? |
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| My father owns some land and would like to ADD me to the property deed which deed do we need to fill out to take to the recorders office? The land is vacant and fully paid off since 30 yrs. ago he would just like to add me as an owner if there was anything to ever happen to him he would want to make sure I get the land. |
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Guest
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Post subject: |
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| my father and I bought a house last year, he doesn't want any part of it anymore, is there any document that can help me get full ownership...the mortgage will be on his name and will keep paying... |
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