A Beneficiary Deed is a transfer-on-death instrument. That means when this form of Deed is used in conjunction with a Last Will and Testament, probate is avoided. Continue reading How Does a Beneficiary Deed Work in Conjunction with a Last Will?
If a real estate property has been properly assigned via Quitclaim Deed to any other person, that property is no longer an asset of the person who gave it away. Continue reading If a Property Was Quitclaimed Years Ago to One Child, Can a Will Give Shares to Other Children?
A Quitclaim Deed cannot be used for a vehicle, only real estate property. A vehicle is transferred by vehicle title through the BMV. Continue reading Do I Use a Quitclaim Deed to Transfer a Car Into My Living Trust?
The answer to this question would depend on a number of factors: Continue reading If My Spouse Had a Home and Child Prior to our Marriage, Do I Get the Home If He Dies?
An Executor has no authority to sign a Quitclaim Deed on behalf of a deceased person. Continue reading Can an Will’s Executor Use a Quitclaim Deed to Transfer Listed Property?
If payments are missed on a loan that is secured by a mortgage, the lender secured for the mortgage can file a foreclosure action. But the language of the title and the mortgage documents are critical to how the lender may proceed. Continue reading If a Home is Owned Jointly and One Person Takes Out a Mortgage That Goes Unpaid, Can the Lender Foreclose on the Entire House?
No one can sign any legal document on behalf a deceased person. Continue reading If the Grantor is Deceased, Who Signs a Quitclaim Deed?
If a Living Trust document allows the property it holds to be distributed to the heirs following the death of the donors, the Trustee named in the Trust would simply execute a Quitclaim Deed transferring title of the property from the Trust to the beneficiary or beneficiaries named in the Trust. Continue reading How Do I Transfer Assets from my Deceased Parents’ Trust to Myself?
While some states have buyer remorse laws, but there are no ‘seller’s remorse’ statutes. Continue reading Can I Change My Mind About Real Estate I Just Sold?
A potential buyer or a new owner of a property — be it short sale or standard purchase — must honor an existing lease agreement unless that lease agreement specifically contains a provision for the termination of the lease in the case of sale. Continue reading Does a Property Buyer Have to Honor an Existing Lease in a Short Sale?