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Terry Puckett

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0.10 Dollars($)

PostPosted: Thu May 24, 2007 8:21 am    Post subject: Reversion

1. The notary fee is it 3% of the vacant value of a reversion or 3% of the lump sum ?

2. What are the insurance policies you can take out ?

3. Do you have a copy of a typical lease
 
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hasselmo

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0.10 Dollars($)

PostPosted: Thu May 24, 2007 4:48 pm    Post subject:

Quote:
The notary fee is it 3% of the vacant value of a reversion or 3% of the lump sum ?


Notary fee vary from state to state. If you tell me which state you are in then I can tell about the fees that a notary public charges in your state.

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Icon Mini Profile miller_st
miller_st


Joined: 17 Jan 2007

Posts: 917



168.82 Dollars($)

PostPosted: Thu May 24, 2007 6:48 pm    Post subject:

2. What are the insurance policies you can take out ?


Terry you can look to get title insurance for this property. This insurance helps to protect the owner against loss from title defects or liens on the property.

Miller
 
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adonis


Joined: 22 Oct 2005



Posts: 1359
Location: ALASKA


123.64 Dollars($)

PostPosted: Thu May 24, 2007 11:47 pm    Post subject:

Welcome Terry,

Are you into any kind of lease agreement with someone? Can you please explain what exactly you are into; this will help me to give suggestions on that issue.

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