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A quitclaim deed may also be used to transfer title of a property to a purchaser following a foreclosure auction. Typically such a deed will not warrant that the property title is free and clear, and it remains up to the grantee to check that the property is not subject to any legal encumbrances. [11] Usage varies by state, and in Massachusetts ...
The quitclaim deed is also sometimes used, although this document is most often used to disclaim any interest in a property rather than selling a property that one owns. A grant deed includes a detailed property description, which helps avoid confusion or disputes regarding the boundaries and characteristics of the property being transferred.
For these mortgage transfers to work, the new borrower needs to be added to the property’s deed, the deceased owner needs to be removed from the deed or a spouse relinquishing ownership must ...
Virata et al., wherein a forgery of a title led to the establishment of the Viva Homes Estate residential subdivision in Dasmariñas, Cavite, in the Philippines, has turned an entire gated community an informal settlement, making residents who have invested decades into null and void titles worried about demolition. [8] [9] [10]
The Civil Code of the Philippines is the product of the codification of private law in the Philippines. It is the general law that governs family and property relations in the Philippines. It was enacted in 1950, and remains in force to date with some significant amendments .
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Examples of clouds on title include a property's address being misspelled in a deed conveying title, a mortgage lien whose repayment hasn't been officially recorded, a deed which has been signed but hasn't been properly recorded, an easement that has not been properly recorded, unpaid property taxes, a failure to transfer property rights (such ...
Consolidate your personal loans to protect your spouse. If you are married and have moved out of a community property state since taking on the loan, debt consolidation can protect your spouse ...
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related to: quitclaim deed to remove spouse from car loan philippines ofw samplerocketlawyer.com has been visited by 100K+ users in the past month