What happens with all joint tenants die?
The last one to die is the “lucky” one, as his heirs or beneficiaries end up owning the entire property.
Staten Island, NY
Real estate Lawyer at Staten Island, NY
Practice Areas: Real Estate
The last one to die is the “lucky” one, as his heirs or beneficiaries end up owning the entire property.
You, or someone competent, Would prepare the necessary transfer documents and have them properly recorded in the office of the local county clerk...
Another issue worth addressing is why is your agent giving you legal advice?
If the facts are as you so stated, and will break even or possibly sustain a loss, then the only possible tax obligations are the transfer taxes on...
If the contract reads precisely as you stated, you may have a problem.
In New York at least only the grantor signs a deed. Both however sign the ancillary documents and there is no need to do it together as long as...
She she is a co-owner she would be the one who would have to initiate that process.
No doubt you were wise enough to not close, correct? So if you did not close as of yet, do not close unless and until everything is completed to...
You needn’t let anyone go who you haven’t yet retained to represent you in the particular matter at hand. And the fact that she prepared a will and...
Depending upon the lender and the type of loan, most likely.