When a property is co-owned by two or more people as tenants in common or joint tenants each owner can only sell their own interest in the property. They cannot transfer the interest of the other owners. If three people own a property and one wants to sell, that one can try to find a buyer for their share and that buyer will share the property with the other two owners. However, not a lot of buyers would want to share a property with strangers. Each joint owner has the right to the use and possession of the entire property.
A better solution when one joint owner wants to sell is for the other owner(s) to make them a fair offer and buy them out.
If two people own real estate they both must join in the sale of the property. A deed by one co-owner will only sell their one-half interest.
Yes. A house can be sold with two names on the deed. You will need both of the owners' signatures to sell it.
Generally, one co-owner can only sell their own interest in the property.
No they can't.
If the graves are deeded, then just deed them to the other person. If the gravesites are really owned by a funeral home, then contact that funeral home.
The two people can sign a quit claim deed and record it, effectively putting the deed in the third person's name only. HOWEVER, if there is still a mortgage on the property then the lender has to agree to this. If the couple co-signed for the home, this may not work until the third person can afford to refinance alone.
what happens if your husband dies and i am on deed,but not on loan.am i responsible for the loan and do i keep the house/
The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.
When two people own property one can only encumber their half interest. If a bank loans them money and they default on the loan the bank can only foreclose on their half interest.
removing husband from home when name is not on the deed?
If both names are on the deed, then both signatures are required. If the spouse has signed a quit claim deed to the home, then the other does not need consent.
Falsifying a deed to a home where two people are listed one is deceased and his wife is trying to change it to her name
who has power to sell a home, deed holder or a trustee?
Yes. You must pay off the debt in full and get a deed from the person who purchased the property at the sheriff's sale. That deed must be recorded immediately.
my aunt left me property in her will, and now I would like to sell the property, but I don't have a clear deed. how do i get a clear deed to the property so that I can sell the property?
A quitclaim deed doesn't figure into the procedure to refinance your home.A quitclaim deed doesn't figure into the procedure to refinance your home.A quitclaim deed doesn't figure into the procedure to refinance your home.A quitclaim deed doesn't figure into the procedure to refinance your home.