---

quit deed with a life estate- insurance and property taxes??

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
Johnrs Guest	Posted: Wed Apr 06, 2011 10:00 am    Post subject: quit deed with a life estate- insurance and property taxes?? Like 0 Dislike 0 If my mother quit deeds with a life estate a piece of property with a home on it, who now is responsible for the structural insurance? Who is responsible for the property taxes? and, who has the legal rights to use the property taxes for income purposes?
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Wed Apr 06, 2011 8:45 pm    Post subject: Like 0 Dislike 0 Hi Johnrs, The person to whom the property has been quitclaimed will be responsible for paying the structural insurance and property taxes. The person whose name is mentioned on the property deed will be able to use the property taxes for income purpose. Thanks

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0