We have a 104 acre farm that 23 of us are heirs to. My uncle thinks cause he paid the taxes he should get it.
Thomas's answer
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Answered on January 24, 2021
I agree with Ms. Paquette. Payment of taxes doesn't create any ownership rights. Ownership is determined by the laws of intestate succession, i.e....
Archived
Redemption period sale years ago, how long before I am able to get a new mortgage?
Thomas's answer
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Answered on January 21, 2021
Under Michigan law, a sheriff's deed becomes legally effective upon the expiration of the redemption period. So it would appear if you redeemed the...
Do I include inventory that was recently included on a prior probate, and pay fee again on same property?
Thomas's answer
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Answered on January 15, 2021
The property that goes on the inventory is property that was owned by the decedent (the person who passed away) at death. Property that belonged to...
Can I keep my home if my mortgage payments are current and I file a Chapter7 bankruptcy? I also have $400,000 in house equity.
Thomas's answer
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Answered on January 15, 2021
Do you mean you have $400,000 in equity in your home free and clear of liens? If so, bankruptcy is not going to work for you unless you file a...
How much home equity can you keep when you file a chapter 7 bankruptcy in Michigan? Can you keep a debit card and checking acct?
Thomas's answer
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Answered on January 15, 2021
I agree with Mr. Morris. The equity you can keep in bankruptcy is determined by your exemptions, and those vary depending on whether you elect...
What happens if a home buyer isn't ready to close on the closing date on the contract? Can the seller back out?
Thomas's answer
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Answered on January 13, 2021
Generally, if the buyer can't fulfill the requirements to close, then it would be a breach of contract. Your contract should have language that...
Archived
How do I protect my rights when I pay for a parking space in my apartment complex but someone else parks in my space without per
Thomas's answer
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Answered on January 11, 2021
Your first move would be to call the apartment complex and report it to management. The management might put a notice or something on the car...
Archived
Who is liable for taxes on any sales within a TOD account after the death of the decedent but before distribution to the benes?
Thomas's answer
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Answered on January 07, 2021
Regardless of the timing of any distributions, the ownership of the stock vested in the beneficiaries as of the date of death. At that point, they...
My mother had a quit claim deed with her name as well as mine. She recently passed away.
Thomas's answer
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Answered on January 04, 2021
The answer to this depends on whether the deed uses words like "as joint tenants with right of survivorship" when describing the interest you and...
Archived
Who now owns the property?
Thomas's answer
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Answered on January 04, 2021
I agree with my colleagues. But if all you want to know is who owns the property, you could go to a title company and have them do a title search...
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