How will a court handle a petition to partition if the property is underwater?
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Answered on January 03, 2011
The short answer is that the court can order a partition and auction, but if the sellling rice at auction is not suficient to pay off the mortgage...
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Real Estate Petition to Partition
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Answered on January 01, 2011
YOU REALLY NEED TO LOCATE A LOCAL REAL ESTATE AND PROBATE ATTORNEY DOWN THE CAPE AS YOUR ISSUES ARE QUITE INVOLVED. WHILE I HAVE NEVER SEEEN A...
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My daughter and I would like to purchase a home together. I own and live in my own home and will not be living with her in the
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Answered on December 20, 2010
I belive th issue is owner occupancy because the lenders give a lower interest rate for a principal residence and since this home is not going to...
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I recently purchased property which had been subdived. I own lot 1A. Lot 1B is currently being sold. Since both properties were
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Answered on December 07, 2010
If I understand your question, it is very importan that the owner of Lot 1B grant you an easement to use the water meter, unless you are planning...
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There are four siblings on a deed and three want their names off what needs to be done
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Answered on October 27, 2010
It is a simple matter of the three siblings executing a quitclaim deed to the remaining sibling who will then own the property outright.
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IN the state of CO, is liability under a foreclosure limited to the property or other other personal assets at risk?
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Answered on October 20, 2010
If Colorado follows Massachusetts law, you can in fact be liable for payment of a"deficiency" after foreclosure. If thebank or another bidder bids...
What is thw average cost for an attorney to perform purchase ad sale plus appear at a closing
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Answered on October 19, 2010
It depends on anumber of factors, the complexity of the transaction- is it a typicl deal or are there complicating factors like new construction,...
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How do I proceed with settling on the property in a divorce settlement?
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Answered on September 27, 2010
This really depends on the exact wording of your agreement. Your question is a little unclear. If your ex was supposed to buy you within an...
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I have a 25 percent share in a property in Mass which is not my primary residence nor a rental It is on the market now What are
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Answered on September 23, 2010
Given that you own a 25% interest in income property, you would have to pay capital gains tax on the difference between your net gain(after capital...
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Petition to partition
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Answered on September 12, 2010
This is a very interesting and somewhat complicated and difficult situation. Your petition to partition would ultimately involve a court ordered...