0
What else can I help you with?
After probate of an estate who transfers stock ownership?
When an estate is probated, someone is appointed executor or administrator. That person has the responsibility of either transferring stock ownership or selling the stock and distributing the proceeds. A+ users....FALSE!
Is it illegal to purchase a new car for someone else?
No it isn't illegal to purchase a car for someone else, but you will be responsible for payment.
What are the Exceptions to nemo dat quod non habet?
No one (can) give what he does not have is a legal rules, sometimes called the nemo datrule that states that the purchase of a possession from someone who has no ownership right to it also denies the purchaser any ownership title.
Is the ownership legally transferred to you if someone gifts you something?
Yes, ownership is legally transferred to you if someone gifts you something.
What is a responsible subordinate?
A responsible subordinate is someone who follows directions, meets deadlines, and takes ownership of their work. They communicate effectively, ask questions when needed, and seek feedback to improve their performance. They are reliable, trustworthy, and accountable for their actions.
How can I take someone off a car title?
To remove someone from a car title, both parties must sign a form transferring ownership. This form is typically available at the Department of Motor Vehicles (DMV) or online. Once completed, submit the form to the DMV to update the car title.
What is the difference between a cosigner and a cobuyer when applying for a loan?
A cosigner is someone who agrees to pay back the loan if the primary borrower cannot, while a cobuyer is someone who shares ownership of the purchased item and is equally responsible for the loan payments.
Does the person quitclaimed to the deed responsible for the loan?
The person who signed the mortgage is responsible for the loan. They must notify the lender if they transfer ownership to someone else and the full balance will be due at the time of the transfer. If the mortgage isn't paid the lender will take the property.
If someone co-signs on a car, are they listed on the title?
No, a co-signer is not listed on the title of the car. They are responsible for the loan if the primary borrower fails to make payments, but they do not have ownership rights to the vehicle.
What is meant by transferring a call?
Transferring a call means that, for any number of reasons, it would be best for the caller to speak with someone else. It is important to be thoroughly familiar with the specific procedure for transferring a call.
How do fractional jet programs work?
Fractional Jet ownership programs allow more than one person to share ownership of an jet or other aircraft at a pro-rated market price. Owners share 50-400 hours annually or a certain times of the year.
Can someone explain the different ownership types in general aviation?
The different ownership types in general aviation include co-ownership (ownership by more than one person), partnership (similar to co-ownership but profit oriented),cooperative ownership by a cooperative, and fractional ownership.
