Search results
Results from the WOW.Com Content Network
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.
The risk of loss is then transferred to the buyer – if a house on the property burns down after the contract has been signed, but before the deed is conveyed, the buyer will nevertheless have to pay the agreed-upon purchase price for the land unless the seller in possession or deemed in possession has failed to protect it. Such issues can and ...
Reinstatement of removal may apply to aliens (people who not United States citizens or permanent residents) who satisfy all these conditions: [2] The alien received a prior order of removal (or deportation or exclusion). This may have been expedited removal, stipulated removal, or removal or deportation through regular court proceedings.
Continue reading → The post How to Transfer Property Out of a Trust After Death appeared first on SmartAsset Blog. After a grantor passes away, becoming the trustee can be daunting, especially ...
In-state vehicle sales are recorded at the back of the title as long as there are unused reassignment boxes. If a vehicle is sold out-of-state, the new owner must apply for a new title at their local DMV office. [14] In Spain a second-hand vehicle ownership transfer is done at the DGT office or Tráfico as it's known locally. Transfer tax must ...
A transfer on death deed is quite simple: you just name the person (or persons) who you want to inherit your property after you pass away. Once this document is signed and filed with your local ...
You may be able to take steps to get a new license after your old one has been revoked, including requesting approval from your state’s Department of Motor Vehicles (DMV) and paying fees, but ...
Properties that are sold on the basis of equitable title have a legal chain of title intact, and a recorded transfer with the local municipality. Legal title is actual ownership of the property as when the property has been bought, the seller paid in full and a deed or title is properly recorded. Equitable title separates from legal title upon ...