A property deed serves as a public record of who owns a home or land, so it’s a key document when it comes to legal matters concerning the property. If an ownership dispute arises, for example, you may be able
What about my property taxes? Under therevenue and taxation code, theCalifornia State Board of Equalizationstates that after a disaster such as a fire, earthquake or flooding damages or destroys your property, you may be eligible for property tax relief if the ...
Learn about the probate process – applying for a grant of probate, administering an estate, paying inheritance tax, and what to do if there isn't a will.
If the deed includes the following covenants, they protect the grantee (buyer) against harm.Covenant of quiet enjoyment – a pledge that there are no outstanding warranties from third parties that would inhibit the grantee’s use of the property. It allows the buyer to seek redress (file suit...
If you have paid everything off, it will verify that as well. A deed of reconveyance: This is a lien release confirming that your mortgage company no longer has a legal interest in your property. Escrow funds: If there’s any money left in your escrow account once your mortgage is ...
What Do I Do if I Lost the Deed to My House? Advertisement Paperwork If you are in the process of purchasing a home or selling the one that you currently own, you should consult your real estate broker about securing a warranty deed. A broker can also help you with any legal forms an...
property. They thought Prickles had died in the fire[3]But instead, the young sheep escaped into a 200-acre forest near the fire.[4]Once the fires were over, the family had to fix the damage done to the farm as it was such a large property. This included rebuilding about 50 kilo...
Do I need a living trust? A living trust may be beneficial if you have substantial assets or a complex estate, as it typically bypasses the probate court process. Living trusts can also make it easier for those who own property in multiple states. However, you should consult an attorney fo...
However, there are downsides to a property trust. Firstly, if you purchase the property under a land trust, any redemption rights are lost—that is, the right to reclaim the property just before (or after) foreclosure. Second, most land trusts are automatically disqualified from secondary market...
Many assessors’ offices keep online databases open to the public that allow you to access information on the history of your property – including the deed from previous sales – and information that factors into the assessment of your property. What if You Disagree With Your Ho...