After buying your home, you need to have a copy of the deed for your records. Should you misplace your deed, you can request a copy from the County Clerk or Register of Deeds. Ownership of property is transferred by deed. The property deed, also called title deed, identifies the names ...
When the buyer has paid for the property in full, then they receive the deed and file it within the county they live in. It’s also recommended that the buyer file a copy of the land contract with their county to show that they’re purchasing the property. The Basics of a Land Contra...
Let’s consider a hypothetical scenario where you’ve recently bought a house and want to take a look at your property survey. In certain cases, it may be possible to find a previous survey of the same property without hiring a professional to conduct a new one. First, you may want to ...
title to government-owned land is granted to new owners if they use it, work it and improve it. If they don't, they can lose title. Adverse possession operates in the same way, freeing up land that nobody is using for someone who actually wishes to make it productive. ...
The perfect bit of land, the perfect commercial location, the perfect house—whatever it is, it's a property you want, and you need to find out who owns the property so you can arrange a deal. So how do you do it? If you've ever wondered about the owner of a property in ...
Capital gain Tax on Sale of House and Income Tax Return (ITR) For salaried person, If you have made capital gains during the year, you need to fill ITR Form 2, as Form 1 is only for income from salary/pension, one house property and other incomes (excluding from lottery). ITR Form ...
Distribute the assets that are named in the will of the deceased individual, which may include specific pieces of property to be distributed to beneficiaries. For example, the house may need to go to one person and the car go to another. Transfer the titles to these individuals and then all...
And, of course, you no longer have total control over the property. Your family members suddenly get equal rights to use the house however they like. They can even vote to sell it. If one owner becomes incapacitated, it can be difficult for the surviving owners to sell the property if ...
2. Finding your dividing lines is essential for various reasons, such as avoiding boundary disputes with neighbors and ensuring appropriate land use. 3. One of the simplest ways to find your property lines is by referring to your property deed, which typically includes a description of the bound...
The deed will also tell you if there are any liens against the house. A lien means that someone has a legal claim on the property because of an outstanding debt. While you're looking at property records, pay close attention to the addresses, they could be different than your current one...