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Putting a Lady Bird deed to work in Florida involves preparing the deed, signing it in front of two witnesses and a notary, and then recording it in the public records of the county where the ...
On the other hand, when a TIC property is partitioned, courts may be at liberty to consider unequal contributions to purchase price and adjust the tenants' distributions accordingly. In either partition situation, tenants may request credits for unequal contributions to expenses incurred after taking deed to the property. Such credits may cover ...
Under common law, this type of deed technically created a use in the buyer who then gets the title. [3] Under the statute of uses, modern real property law disregards this subtle distinction. [citation needed] A bargain and sale deed is especially used by local governments, fiduciaries such as executors, and in foreclosure sales by sheriffs and ...
For example: When a person having legal title to property dies, heirs at law or beneficiaries per the last will, automatically receive an equitable interest in the property. When an executor or administrator qualifies, that person acquires the legal title, subject to divestment when the estate has been administered so as to allow for the lawful ...
Florida is one of several states where the courts are required to be involved in every step of the foreclosure process. By 2012, it took three years to complete the process. In nonjudicial states, it takes an average of 100 days.
This Florida couple bought a vacant lot for $17,500 — but now they’ve discovered they’re barred by law from building on the new property. Here’s why and how to avoid a similar situation
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