easement deeds, water deeds, timber deeds and mineral rights deeds. These types of deeds are customized deeds that may have unique qualities which vary in accordance with state law. To draft such deeds, a person should consult a real estate attorney. Alternatively, they may consult an attorney...
The transfer of a deed is accomplished bywriting a new deednaming the parties who will own the property. The point is to leave out the name of the person who will no longer be named on the deed. The first step is to draft a new deed. The person who wants to remove themselves, or ...
People who plan to have or currently have children:If you have children from another marriage, you should draft a prenup that protects the assets you want to hand over to them when you pass. If you plan to have children with your new spouse and already have children from another marriage,...
3. Draft a deed of transfer There are two popular types of deeds for property transfers: Warranty deeds.When you purchased the property from the previous owner, a warranty deed was likely issued by the title company in order to guarantee that the title was free and clear. You may wish to...
Step 4: Draft a Trust Deed Atrust deedis a legal document prescribing the rules that govern your fund and the powers of the appointed trustee. It includes the fund’s objectives, specifies original trust assets, identifies the beneficiaries, delineates how benefits are to be paid (either via ...
We highlight some great tips on how to get the most out of real estate, as well as some investment ideas to consider (and ones to avoid).
Write a Dispute Letter: Draft a formal letter to the credit bureau(s) reporting the error. Your letter should include: Your complete name and address A clear description of each error Copies (not originals) of supporting documents A request for the bureau to correct the errors ...
Consult a real estate Lawyer Draft a Purchase Agreement Secure your insurance (if applicable) Close and record the deal Real-Life Example Imagine you approach a seller about buying their $200,000 property. They have a $150,000 mortgage principal balance with 20 years remaining on the loan term...
How Much Does It Cost to Set Up a Trust in the U.K.? Creating a simple trust costs anywhere from £1000 to £1,500, depending on how much initial legal advice you need and how long it takes your solicitor to draft the wording. If you have a complex collection of assets including...
Your legal firm can help draft a Will that is recognized in Thailand. Though it is not part of the buying process, it is an important aspect that is often overlooked when we think of protecting assets and providing for our spouses or dependents. ...