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Can a co owner gift a property without the consent of other co owners?
Anooph
The co-owner can only transfer their own interest in the property. If there are four owners the interest of one would be a one-quarter interest. A co-owner can transfer their own interest in the property without the consent of the others.
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∙ 7y ago
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Can a sibling be forced to sell property in Oregon in one out of two owners want to sell?
Yes, you can sue for sale in partition without consent of the other owners.
Can one owner lease out property that is jointly owned?
No. All the owners would need to consent to the lease by signing it. If all the owners of the property, or their duly appointed agent, didn't sign the lease it would not be a valid lease. All the undivided interest owners have the right to the use and possession of the whole property but one owner cannot encumber the whole property.A lease signed by only one of the owners of the property is not binding on the other owners. The tenant would not have their permission to lease their property.
Can someone other then the life estate holder take a mortgage out on the property without the life estate holders permission?
No. Only the fee owners can mortgage the property and they can only do so with the written consent of the life tenant.
What are your rights if property is owned by two separate individuals one wants to rent it out and the other does not?
The co-owners must be in agreement to rent out the property. Co-owners each have the right to the use and possession of the entire property. One cannot legally encumber the property without the other's consent. You may need to offer to purchase the co-owner's interest in the property at an attractive price to encourage them to agree. If they are not willing then you are at an impasse.
Can I refinance a jointly owned home without the consent or signature of the other person who jointly owns the property and is also on the deed?
You can only encumber your own interest in the property. You cannot affect the co-tenant's interest in the property without their consent.
When owners of property passes with no Will made will estate go into probate?
Without a will the property must go into probate. There is no other way to transfer the property.
If you and a sibling co-own a house that was acquired through an inheritance can you transfer your portion of the property to your spouse?
If the co-owner is agreeable or the house is titled in a way which allows the property to be transferred without the consent of other owners then it can be done using a quitclaim deed a simple and inexpensive procedure.
What is the penalty if a joint homeowner sells with the other owners consent?
"Joint" means just that ... it requires multiple signatures to sell property. Contact a lawyer.
Can you build an extra room on joint property without permission of the other owners?
No. You would need the written permission of all the other owners. The other owners may view your construction as damage to the property. You cannot take that liberty with jointly owned property.No. You would need the written permission of all the other owners. The other owners may view your construction as damage to the property. You cannot take that liberty with jointly owned property.No. You would need the written permission of all the other owners. The other owners may view your construction as damage to the property. You cannot take that liberty with jointly owned property.No. You would need the written permission of all the other owners. The other owners may view your construction as damage to the property. You cannot take that liberty with jointly owned property.
In MI Can one spouse buy a property cash without the consent of the other spouse?
With cash of course......Yes... Spousal Consent would be needed if the property was to be purchased by taking out a loan in both spouses names...But there are no laws requiring spousal consent for another spouse to make cash purchases of property...
Can on a jointly owned property be changed without the other owner's signature?
You cannot make any changes to the other owner's interest in the property without that owner's consent and signature. For example, if you sell the property the grantee will only receive your own one-half interest.
Can a Florida home owners association cut down trees on a privately owned lot?
A home owner's association -- as a legal entity -- is a property owner with the same rights as other property owners in the locale. It can cut down trees on land owned by the condominium. It cannot cut down trees on a privately owned lot, which would be land owned by someone else, without the written consent of that landowner.
